8 Sep 2023 07:01
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION
FOR IMMEDIATE RELEASE
8 September 2023
RECOMMENDED ALL-SHARE MERGER
of
Cenkos SECURITIES PLC
and
finncap GROUP PLC
Cancellation of cenkos shares to trading on aim
Further to the announcement made by Cenkos Securities plc ("Cenkos") and finnCap Group plc ("finnCap") on 7 September 2023 that the Scheme has become Effective in accordance with its terms, Cenkos today announces that, following an application by Cenkos, the London Stock Exchange has cancelled the trading of Cenkos Shares on AIM, with effect from 7.00 am today, 8 September 2023.
Unless otherwise defined, all capitalised terms in this announcement shall have the meanings given to them in the Scheme Document.
All references to times in this announcement are to London time, unless otherwise stated.
Enquiries:
finnCap John Farrugia, Chief Executive Officer Richard Snow, Chief Financial Officer Henrik Persson, Strategic PLC Advisory | Tel: +44 (0)20 7220 0500 investor.relations@finncap.com
|
Cenkos Julian Morse, Chief Executive Officer Ben Procter, Chief Financial Officer Jeremy Osler, Head of Corporate Finance & General Counsel | Tel: +44 (0)207 397 8900 |
SPARK Advisory Partners (Financial Adviser and Nominated Adviser to Cenkos) Matt Davis/Adam Dawes | Tel: +44 (0)203 368 3552 |
Grant Thornton (Nominated Adviser to finnCap) Philip Secrett/Samantha Harrison/Samuel Littler | Tel: +44 (0)20 7383 5100
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Oberon Capital (Joint Broker to finnCap) Mike Seabrook | Tel: +44 (0)20 3179 5344
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finnCap Ltd (Joint Broker to finnCap) Tim Redfern | Tel: +44 (0)20 7220 0500
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Hudson Sandler (PR Adviser to finnCap) Dan de Belder Rebekah Chapman |
Tel: +44 (0)7977 927142 Tel: +44 (0)7702 596674 |
The Nisse Consultancy (PR Adviser to Cenkos) | Tel: +44 (0) 7769 688618 |
Travers Smith LLP is acting as legal adviser to finnCap and Simmons & Simmons LLP is acting as legal adviser to Cenkos.
| |
Important notice about financial adviser
SPARK Advisory Partners Limited ("SPARK Advisory Partners"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority ("FCA"), is acting as financial adviser to Cenkos and for no one else in connection with the Merger and will not be responsible to anyone other than Cenkos for providing the protections afforded to its clients nor for providing advice in relation to the Merger, the contents of this announcement or any other matters referred to in this announcement.
Grant Thornton UK LLP ("Grant Thornton") is authorised and regulated in the United Kingdom by the FCA and is acting as nominated adviser for finnCap and no one else in connection with the Merger and will not regard any other person as its client in relation to the Merger and will not be responsible to anyone other than finnCap for providing the protections afforded to clients of Grant Thornton or for providing advice in relation to the Merger, the contents of this announcement or any other matters referred to in this announcement.
Further information
This announcement is for information purposes only and is not intended to, and does not, constitute or form part of any offer or inducement to sell or an invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities or a solicitation of an offer to buy any securities, any vote or approval in any jurisdiction pursuant to the Merger or otherwise, nor shall there be any purchase, sale, issuance or exchange of securities or such solicitation in any jurisdiction in which such offer, solicitation, sale issuance or exchange is unlawful.
This announcement does not constitute a prospectus, prospectus equivalent document or an exempted document.
General
If you are in any doubt about the contents of this announcement or the action you should take, you are recommended to seek your own independent financial advice immediately from your stockbroker, bank manager, solicitor or independent financial adviser duly authorised under FSMA if you are resident in the United Kingdom or, if not, from another appropriate authorised independent financial adviser.