De-Listing and Cancellation of Bakkavor Shares

Greencore Group PLC

19 January 2026

 

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

FOR IMMEDIATE RELEASE

19 January 2026

RECOMMENDED ACQUISITION

OF

BAKKAVOR GROUP PLC

BY

GREENCORE GROUP PLC

DE-LISTING AND CANCELLATION OF TRADING OF BAKKAVOR SHARES

Further to the announcement made by Greencore Group plc ("Greencore") and Bakkavor Group plc ("Bakkavor") on 16 January 2026, Bakkavor today confirms that, following applications made on behalf of Bakkavor, the FCA has cancelled the listing of Bakkavor Shares on the equity shares (commercial companies) category of the Official List and the London Stock Exchange has cancelled the trading of Bakkavor Shares on its main market for listed securities, in each case with effect from 8.00 a.m. today.

Capitalised terms used but not defined in this announcement have the meanings given to them in the scheme document published by Bakkavor on 12 June 2025.

All references to times in this announcement are to London, United Kingdom time.

Enquiries:

Greencore		via FTI Consulting
Damien Moynagh, Group General Counsel and Company Secretary
N.M Rothschild & Sons Limited (Rothschild & Co) (Lead Financial Adviser to Greencore)		[phone]
Akeel Sachak
Sam Gormly
Deutsche Numis (Financial Adviser and Joint Corporate Broker to Greencore)		[phone]
Edward McBride
Kevin Cruickshank
Goodbody Stockbrokers UC (Goodbody) (Joint Corporate Broker to Greencore)		[phone]
Jason Molins
Cameron Duncan
Shore Capital and Corporate Limited and Shore Capital Stockbrokers Limited (Shore Capital) (Joint Corporate Broker to Greencore)		[phone]
Malachy McEntyre
Stephane Auton
James Thomas
FTI Consulting (Financial Communications for Greencore)
Jonathan Neilan		[phone]
Nick Hasell		[phone]
Bakkavor		via MHP Group
Annabel Tagoe-Bannerman, Group General Counsel and Company Secretary
Citigroup Global Markets Limited (Citi) (Lead Financial Adviser and Joint Corporate Broker to Bakkavor)
Michael Lavelle		[phone]
James Ibbotson
Christopher Wren
Irina Dzuteska
Peel Hunt LLP (Peel Hunt) (Joint Financial Adviser and Joint Corporate Broker to Bakkavor)		[phone]
Dan Webster
James Thomlinson
Michael Nicholson
MHP Group (Financial Communications for Bakkavor)		[e-mail]
Katie Hunt		[phone]
Rachel Farrington		[phone]
Charles Hirst		[phone]

Important notices relating to financial advisers

Citi, which is authorised by the Prudential Regulation Authority and regulated by the FCA and the Prudential Regulation Authority in the UK, is acting for Bakkavor and no one else in connection with the Transaction and will not be responsible to anyone other than Bakkavor for providing the protections afforded to its clients, or for giving advice in connection with the Transaction or any matter referred to herein. Neither Citi nor any of its affiliates, directors or employees owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, consequential, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Citi in connection with this announcement, any statement contained herein or otherwise.

Peel Hunt, which is authorised and regulated by the FCA in the UK, is acting for Bakkavor and no one else in connection with the Transaction and will not be responsible to anyone other than Bakkavor for providing the protections afforded to its clients, or for giving advice in connection with the Transaction or any matter referred to herein. Neither Peel Hunt nor any of its affiliates (nor their respective directors, officers, employees or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Peel Hunt in connection with this announcement, any statement contained herein, the Transaction or otherwise. No representation or warranty, express or implied, is made by Peel Hunt as to the contents of this announcement.

Rothschild & Co, which is authorised and regulated in the United Kingdom by the FCA, is acting exclusively as financial adviser to Greencore and for no one else in connection with the Transaction and will not be responsible to anyone other than Greencore in respect of protections that may be afforded to clients of Rothschild & Co nor for providing advice in connection with the Transaction or any matter referred to herein. Neither Rothschild & Co nor any of its affiliates (nor their respective directors, officers, employees or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Rothschild & Co in connection with this announcement, any statement contained herein, the Transaction or otherwise. No representation or warranty, express or implied, is made by Rothschild & Co as to the contents of this announcement.

Deutsche Bank AG is a stock corporation (Aktiengesellschaft) incorporated under the laws of the Federal Republic of Germany with its principal office in Frankfurt am Main. It is registered with the local district court (Amtsgericht) in Frankfurt am Main under No HRB 30000 and licensed to carry on banking business and to provide financial services. The London branch of Deutsche Bank AG is registered as a branch office in the register of companies for England and Wales at Companies House (branch registration number BR000005) with its registered branch office address and principal place of business at 21, Moorfields, London EC2Y 9DB. Deutsche Bank AG is subject to supervision by the European Central Bank (ECB), Sonnemannstrasse 22, 60314 Frankfurt am Main, Germany, and the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht or BaFin), Graurheindorfer Strasse 108, 53117 Bonn and Marie-Curie-Strasse 24-28, 60439 Frankfurt am Main, Germany. With respect to activities undertaken in the United Kingdom, Deutsche Bank AG is authorised by the Prudential Regulation Authority. It is subject to regulation by the FCA and limited regulation by the Prudential Regulation Authority. Details about the extent of Deutsche Bank AG's authorisation and regulation by the Prudential Regulation Authority are available from Deutsche Bank AG on request. Deutsche Bank AG, acting through its London branch (which is trading for these purposes as Deutsche Numis) ("Deutsche Numis") is acting exclusively for Greencore and no other person in connection with the matters referred to herein and will not be responsible to any person other than Greencore for providing the protections offered to clients of Deutsche Numis nor for providing advice in relation to any matter referred to herein. Neither Deutsche Numis nor any of its affiliates (nor any of their respective directors, officers, employees or agents), owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Deutsche Numis in connection with this announcement, any statement contained herein or otherwise.

Goodbody is authorised and regulated in the United Kingdom by the Financial Conduct Authority and in Ireland, Goodbody is authorised and regulated by the Central Bank of Ireland. Goodbody is acting exclusively for Greencore and no one else in connection with the matters set out in this announcement. Goodbody will not regard any other person as its client in relation to the matters set out in this announcement or any other matter or arrangement set out in this announcement and will not be responsible to anyone other than Greencore for providing the protections afforded to clients of Goodbody, nor for providing advice in relation to the matters referred to in this announcement. Neither Goodbody nor any of its affiliates (nor their respective directors, officers, employees or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Goodbody in connection with this announcement, any statement contained herein or otherwise.

Shore Capital, which are authorised and regulated in the United Kingdom by the FCA, are acting exclusively for Greencore and no one else in connection with the matters set out in this announcement and will not regard any other person (whether or not a recipient of this announcement) as their client in relation to the matters set out in this announcement and will not be responsible to anyone other than Greencore for providing the protections afforded to their clients, nor for providing advice, in relation to the matters set out in this announcement or any other matter referred to in this announcement. Neither Shore Capital, nor any of their affiliates (nor any of their directors, officers, employees or agents), owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Shore Capital in connection with this announcement, any statement contained herein or otherwise. The responsibilities of Shore Capital as Greencore's joint broker are owed to the London Stock Exchange and not to any other person.

 

END