Compulsory acquisition procedure

Blancco Technology Group PLC

20 October 2023

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

FOR IMMEDIATE RELEASE

20 October 2023

Blancco Technology Group plc

(the "Company" or "Blancco")

Compulsory acquisition procedure

The Board of Blancco Technology Group plc (AIM: BLTG) notes today's announcement by Bidco that it is to commence the compulsory acquisition (under Chapter 3 of Part 28 of the Companies Act 2006) of the remaining Blancco Shares which it does not currently own or in relation to which it has not received valid acceptances of the Offer.

The Company confirms that admission of the Company's ordinary shares to trading on AIM will be cancelled at 7.00 am on 17 November 2023, in accordance with AIM Rule 41.

Capitalised terms and expressions used but not defined in this announcement have the same meanings as given to them in the Offer Document published by Bidco and dated 8 August 2023.

Enquiries:

Blancco Technology Group plc Rob Woodward, Chair Matt Jones, Chief Executive Officer Adam Moloney, Chief Financial Officer Rothschild & Co (Lead Financial Adviser under Rule 3 of the Takeover Code to Blancco) Warner Mandel Anton Black Stifel Nicolaus Europe Limited (Joint Financial Adviser and Corporate Broker to Blancco) Nick Adams Nick Harland Richard Short Ben Burnett		Via Buchanan Tel: [phone] Tel: [phone]
Buchanan Communications Limited (PR adviser to Blancco) Chris Lane / Jack Devoy		Tel: [phone]

 

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