CANCELLATION OF LSE LISTING
Summary by AI BETAClose X
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 OF THAT JURISDICTION
FOR IMMEDIATE RELEASE
12 November 2026
RECOMMENDED UNCONDITIONAL BEST AND FINAL cash offer
for
HARWORTH GROUP PLC ("Harworth")
by
PEEL PEPPER (UK) Limited ("BidCo"), A COMPANY INDIRECTLY WHOLLY-OWNED BY PEEL HOLDINGS GROUP LIMITED
CANCELLATION OF LSE LISTING
Introduction
On 25 September 2026, BidCo and Harworth jointly announced the terms of an increased, recommended, best and final cash offer for Harworth at a price of 187 pence per Harworth Share (the "Best and Final Offer").
On 10 November 2026, the Best and Final Offer closed for acceptances and is no longer capable of being accepted.
Capitalised terms used in this announcement, unless otherwise defined, have the same meanings as set out in the offer document setting out the full terms of the Best and Final Offer published on 2 October 2026.
Cancellation of listing and admission to trading of Harworth Shares
On 14 October 2026, Harworth announced that it had made requests to the FCA to cancel the listing of Harworth Shares on the Official List and to the London Stock Exchange for the cancellation of admission to trading of Harworth Shares on the Main Market. Harworth confirms that, with effect from 8.00 a.m. today, 12 November 2026, the listing of the Harworth Shares on the Official List and their admission to trading on the Main Market of the London Stock Exchange have each been cancelled.
For further information
|
Harworth Group plc |
|
|
Tom Loughran (Head of Investor Relations & Communications) |
T: +44 (0)114 349 3131 |
|
Barclays (Joint Financial Adviser and Corporate Broker to Harworth) |
|
|
Bronson Albery Callum West Nicola Tennent Mark Gunalan |
T: +44 (0) 20 7623 2323 |
|
Peel Hunt (Joint Financial Adviser and Corporate Broker to Harworth) |
|
|
Capel Irwin Michael Nicholson Chloe Ponsonby Henry Nicholls |
T: +44 (0) 20 7418 8900 |
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FTI Consulting |
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Dido Laurimore Richard Gotla Eve Kirmatzis |
T: +44 (0)20 3727 1000 |
Allen Overy Shearman Sterling LLP is acting as legal adviser to Harworth.
Disclaimers
Barclays Bank PLC, acting through its Investment Bank (“Barclays”), which is authorised by the Prudential Regulation Authority and regulated in the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Authority, is acting exclusively for Harworth and no one else in connection with the matters set out in this announcement and will not be responsible to anyone other than Harworth for providing the protections afforded to clients of Barclays nor for providing advice in relation to any matter referred to in this announcement.
Peel Hunt LLP ("Peel Hunt"), which is authorised and regulated by the Financial Conduct Authority in the UK, is acting exclusively for Harworth and no one else in connection with the matters described in this announcement and will not be responsible to anyone other than Harworth for providing the protections afforded to clients of Peel Hunt nor for providing advice in connection with the matters referred to herein. Neither Peel Hunt nor any of its subsidiaries, branches or affiliates 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 or otherwise.
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