TIDMINCE TIDMARDN

RNS Number : 0013Z

Ince Group PLC (The)

19 January 2022

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION (INCLUDING THE UNITED STATES) WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

19 January 2022

Recommended All Share Offer

for

Arden Partners plc ("A rden")

by

The Ince Group plc ("I nce")

Results of court meeting and general meeting of Arden Partners plc

The Ince Group plc, the international legal and professional services company, is pleased to note that the Arden shareholders have shown their support for its all-share offer to acquire the issued and to be issued share capital of Arden (the "Acquisition"), through a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme"), by today approving all the shareholder resolutions required to implement the Scheme.

Details of the voting by Arden shareholders are contained in the announcement made by Arden today following the shareholder meetings and can be found at https://www.arden-partners.com/offer/

Completion of the Scheme and the Acquisition remains subject to the satisfaction or (where applicable) waiver of the remaining Conditions, as set out in the Scheme Document (published on 20 December 2021). These include the approval by the FCA of the Change of Control in accordance with section 185 of the FSMA; the London Stock Exchange determining that, following the Change of Control, Arden remains eligible to act as a Nominated Adviser in accordance with the AIM Rules for Nominated Advisers; and the sanction of the Scheme by the Court. Change of Control applications have been submitted to the FCA and the London Stock Exchange.

A Court hearing to sanction the Scheme will be arranged once the remaining Conditions have been satisfied or (where applicable) waived.

The current expected timetable of principal events for the implementation of the Scheme remains as set out in the Scheme Document and Arden's announcement this afternoon.

Capitalised terms used but not otherwise defined in this announcement have the meanings given to them in the Scheme Document.

Enquiries:

 
 The Ince Group plc 
 Adrian Biles, Group Chief Executive            investorrelations@incegd.com 
 Simon Oakes, Chief Financial Officer 
 
 Allenby Capital Limited - Nominated Adviser    +44 (0) 20 3328 5656 
 Jeremy Porter / Piers Shimwell, Corporate 
  Finance 
 
 Arden Partners plc - Financial Adviser 
  and Broker                                    +44 (0) 20 7614 5900 
 Paul Shackleton, Corporate Finance 
 John Llewellyn Lloyd, Corporate Finance 
 Louisa Waddell, Corporate Finance 
 Simon Johnson, Equity Sales 
 
 Williams Nicolson - Financial PR               +44 (0) 7767 345 563 
 Steffan Williams / Fraser Schurer-Lewis        ince@williamsnicolson.com

About The Ince Group plc

The Ince Group is a dynamic international legal and professional services business with offices in nine countries across Europe, Asia and the Middle East. With over 700 people, The Ince Group delivers legal advice, strategic guidance and business solutions to clients ranging from the world's oldest and biggest businesses operating across numerous industries to ultra-high net worth individuals. Through its entrepreneurial culture and "one firm" approach, the business offers its clients over 150 years of experience, insight and relationships. The Group is driven by a unique team of passionate people whose broad expertise and deep sector specialisms provide their clients with solutions to all their complex legal and strategic needs.

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END

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January 19, 2022 11:30 ET (16:30 GMT)

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