1 Oct 2015 15:51
1 October 2015
Conviviality Retail Plc
("Conviviality" or the "Company")
Update re: Acquisition
Conviviality Retail Plc (AIM: CVR), the UK's largest franchised off-licence and convenience store chain trading primarily under the Bargain Booze fascia, notes the announcement from Punch Taverns plc that it has now received shareholder approval for the disposal of Matthew Clark (Holdings) Limited to Conviviality.
Admission of the Enlarged Group to trading is expected to become effective tomorrow, Friday 2 October 2015, which is the final condition of the acquisition. Subsequently, completion of the acquisition is expected on Wednesday 7 October 2015.
For further information, please contact:
Conviviality Retail Plc | Tel: 0127 061 4700 |
Diana Hunter, Chief Executive Officer | |
Andrew Humphreys, Chief Financial Officer | |
Zeus Capital (Nominated Adviser and Joint Broker) | |
Nick Cowles / Andrew Jones / Jamie Peel | Tel: 0161 831 1512 |
John Goold / Adam Pollock | Tel: 0203 829 5000 |
Investec (Joint Broker) |
Tel: 020 7597 4000 |
Garry Levin / David Flin | |
FTI Consulting |
Tel: 020 3727 1000 |
Jonathon Brill / Alex Beagley / Tom Hufton | |