Ince Group PLC (The) Offer Update - Court Sanction of Scheme (5855J)
April 27 2022 - 10:30AM
UK Regulatory
TIDMINCE TIDMARDN
RNS Number : 5855J
Ince Group PLC (The)
27 April 2022
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY RESTRICTED
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION. UPON THE
PUBLICATION OF THIS ANNOUNCEMENT THE INSIDE INFORMATION IS NOW IN
THE PUBLIC DOMAIN
FOR IMMEDIATE RELEASE
27 April 2022
the ince group PLC
Recommended All Share Offer
for
Arden Partners plc ("Arden")
by
The Ince Group plc ("Ince")
Court Sanction of Scheme
On 26 October 2021, the boards of Ince and Arden announced that
they had reached agreement on the terms of a recommended all share
offer by Ince for the entire issued and to be issued share capital
of Arden (the "Acquisition"), to be effected by means of a
court-sanctioned scheme of arrangement under Part 26 of the
Companies Act 2006 (the "Scheme").
A document containing full details of the terms and conditions
of the Scheme and the Acquisition (the "Scheme Document") was
published on 20 December 2021. Capitalised terms used but not
otherwise defined in this announcement have the meanings given to
them in the Scheme Document.
Ince is pleased to announce that the High Court of Justice in
England and Wales has today made an order sanctioning the
Scheme.
The Scheme will become effective upon the delivery of a copy of
the Court Order to the Registrar of Companies, which is expected to
occur on 28 April 2022.
The current expected timetable of principal events for the
completion of the Scheme and the Acquisition remains as set out in
Ince's announcement on 14 April 2022.
A further announcement will be made when the Scheme has become
Effective.
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
OUPEASLXAADAEFA
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