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Statement re reverse takeover

9 Nov 2018 07:00

RNS Number : 8440G
Gordon Dadds Group PLC
09 November 2018
 

 

9 November 2018

 

 

Gordon Dadds Group plc

("Gordon Dadds" or the "Group")

 

Statement regarding reverse takeover

Further to our announcement of 29 October 2018, the Board of Gordon Dadds Group plc (AIM: GOR), the fast-growing professional services consolidator, confirms that negotiations regarding the acquisition of the international network of law firms, Ince & Co International LLP and its affiliated entities, continue along with associated legal and financial due diligence.

Gordon Dadds' acquisition of Ince & Co International LLP and its affiliated entities, as publicly announced, would be classified as a reverse takeover under Rule 14 of the Aim Rules for Companies. While discussions continue, trading in Gordon Dadds' ordinary shares will remain suspended pending final conclusion of these discussions. A further announcement will be made in due course

 

FOR FURTHER INFORMATION, PLEASE CONTACT:

Gordon Dadds Group plc

Adrian Biles, Chief Executive Officer

Christopher Yates, Chief Financial Officer

Via Portland

Arden Partners, Nominated Adviser and broker to the Company

John Llewellyn-Lloyd

Ciaran Walsh

Alex Penney

 

+44 (0) 20 7614 5900

Portland

Daniel Regan

Lauren Gallagher

+44 (0) 20 7554 1789

Email: gordondadds@portlandcommunications.com

 

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.
 
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