RNS Number : 8305M

United Carpets Group plc

26 January 2021


26 January 2021

United Carpets Group plc

(United Carpets", the "Group" or "Company")

Tender Offer update and De-Listing

Further to the announcement on 11 January 2021, the Company announces that a further 2,202,782 Ordinary Shares were tendered under the Tender Offer as of 3pm on 25 January 2021. The Ordinary Shares tendered pursuant to the Tender Offer will be purchased and cancelled. The Company has now received, in aggregate, valid tenders for a total of 24,650,630 Ordinary Shares under the Tender Offer.

Following the purchase and cancellation set out above, United Carpets will have 56,749,370 Ordinary Shares in issue. It is the Company's intention to deregister from the CREST system following the De-Listing.


Application has been made to the London Stock Exchange for the admission to trading on AIM of the Ordinary Shares to be cancelled, and Cancellation will take effect at 8am 29 January 2021.

  United Carpets Group plc 
  Paul Eyre, Chief Executive 
  Ian Bowness, Finance Director          01709 732 666 
 N+1 Singer (NOMAD and Sole Broker) 
  Rick Thompson/Will Goode             020 7496 3000 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.



(END) Dow Jones Newswires

January 26, 2021 02:00 ET (07:00 GMT)

United Carpets (LSE:UCG)
Historical Stock Chart
From Aug 2021 to Sep 2021 Click Here for more United Carpets Charts.
United Carpets (LSE:UCG)
Historical Stock Chart
From Sep 2020 to Sep 2021 Click Here for more United Carpets Charts.