Alina Holdings PLC: Strategic Review (1359041)
May 23 2022 - 6:08AM
UK Regulatory
Alina Holdings PLC (ALNA) Alina Holdings PLC: Strategic Review
23-May-2022 / 12:08 GMT/BST Dissemination of a Regulatory
Announcement that contains inside information according to
REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The
issuer is solely responsible for the content of this
announcement.
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Alina Holdings plc
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF THE UK VERSION OF THE MARKET ABUSE REGULATION (EU)
NO.596/2014, WHICH FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN
UNION (WITHDRAWAL) ACT 2018 ("UK MAR"). UPON THE PUBLICATION OF
THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR)
IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Alina Holdings plc
(Reuters: ALNA.L, Bloomberg: ALNA:LN)
("ALNA" or the "Company")
Strategic Review
Given the recent collapse in Global Equity Markets, and the
Board's relatively bleak economic outlook with the potential for
'Stagflation', leading to further stock market declines, as
articulated in the Company's Trading Update of 2 March 2022, the
Board of ALNA announces its intention to undertake an accelerated
'Strategic Review', including but not limited to 1. the potential
sale of the Company 2. a potential acquisition or merger with
another (larger) business or company 3. an orderly liquidation of
the Company's assets with a pro rata distribution of the Company's
assets 4. continuation of the Company's current Strategy 5. a
capital reconstruction which could potentially include a buyback of
shares, dependant on, amongst otherfactors, the distributable
reserves of the Company 6. any other alternatives which would
benefit the shareholders of the Company
It is the Board's intention to retain an advisor to support the
Strategic Review and execution of any changes to the Company's
current Strategy.
The Board is also happy to undertake informal discussions with
any shareholder wishing to discuss any of the above proposals or
any alternatives they may wish to propose. We would respectfully
remind shareholders that any such informal discussions will be on a
confidential basis and the Board may not be able to answer certain
queries, provide any assurances as to the proposals to be
undertaken and/or provide shareholders with all the information
they may request in relation to the Strategic Review or otherwise.
In particular, the Board will not be able to disclose any
information to any shareholder which constitutes inside information
for the purposes of UK MAR. The Board will commence the Strategic
Review and provide shareholders with an update in the event that
any decision is made to undertake any particular proposal(s).
END
Investor Enquiries: enquiries@alina-holdings.com
Alina Holdings Ltd
Duncan Soukup, Chairman +33 (0)6 78 63 26 89
www.alina-holdings.com
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ISIN: GB00B1VS7G47
Category Code: UPD
TIDM: ALNA
LEI Code: 213800SOAIB9JVCV4D57
OAM Categories: 2.2. Inside information
Sequence No.: 163536
EQS News ID: 1359041
End of Announcement EQS News Service
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May 23, 2022 07:08 ET (11:08 GMT)
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