Acquisition of Langleys Solicitors LLP

RNS Number : 1098G
Knights Group Holdings PLC
25 March 2022
 

Knights Group Holdings plc

("Knights", the "Company" or the "Group")

Completion of the Acquisition of Langleys Solicitors LLP

 

Knights is pleased to confirm that the acquisition of Langleys Solicitors LLP ("Langleys") has now completed, in line with the timeframe set out in the acquisition announcement of 31 January 2022.

Following the Group's recent share price movements, Knights has adjusted the terms of the acquisition of Langleys. The £2.75m that would have been issued in new ordinary shares in Knights, (the "Consideration Shares"), will instead be paid in cash in three equal instalments on 2nd January 2023, 2nd January 2024 and 2nd January 2025. 

 

Ends

 

Enquiries 

Knights


David Beech, CEO

Kate Lewis, CFO

Via MHP Communications

 

Numis (Nomad and Broker)


Stuart Skinner, Kevin Cruickshank
 

020 7260 1000

MHP Communications (Media enquiries) 


Andrew Jaques, Katie Hunt, Robert Collett-Creedy

020 3128 8100
+44 (0)7736 464749

knights@mhpc.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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ACQMZGZFDKKGZZM
UK 100

Latest directors dealings