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Acquisition

16 Sep 2019 09:18

RNS Number : 4230M
M. P. Evans Group PLC
16 September 2019
 

M. P. EVANS GROUP PLC

("MPE" OR THE "GROUP")

Purchase of shares from minority partner

Following the announcement made on 4 September 2019, the board is pleased to announce that the conditions under the sale and purchase agreement for the Group to acquire shares in its Indonesian operating subsidiaries, held by one of its minority partners PT Austindo Nusantara Jaya Tbk, have now been fulfilled and that the transaction has accordingly been completed.

 

Enquiries:

M.P. Evans Group PLC

Telephone: 01892 516333

Peter Hadsley-Chaplin - chairman

Tristan Price - chief executive

Matthew Coulson - finance director

Peel Hunt LLP (NOMAD and joint broker)

Telephone: 020 7418 8900

Dan Webster

George Sellar

Guy Pengelley

finnCap (Joint broker)

Telephone: 020 7220 0500

Tim Redfern

Chris Raggett

Hudson Sandler

Telephone: 020 7796 4133

Charlie Jack

Bertie Berger

Elfie Kent

 

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