Holders Technology PLC Tender Offer Update and De-Listing (4212Y)

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RNS Number : 4212Y

Holders Technology PLC

03 January 2024

3 January 2024

Holders Technology plc

("Holders Technology", the "Group" or the "Company")

Tender Offer Update and De-Listing

Holders Technology (AIM:HDT) announces that, further to the announcement on 21 December 2023 of the closure of the Tender Offer, a further 132,760 Ordinary Shares representing approximately 3.1 per cent. of the issued ordinary share capital of the Company were tendered under the Tender Offer as of 1.00 p.m. on 2 January 2024. The Tender Offer is now closed to further acceptances. The Company has now received, in aggregate, valid tenders for a total of 2,145,312 Ordinary Shares under the Tender Offer.

Following the purchase and cancellation of the 2,145,312 Ordinary Shares under the Tender Offer, the Company will have 2,078,852 Ordinary Shares in issue.

De-Listing

Application has been made to the London Stock Exchange for the admission to trading on AIM of the Ordinary Shares to be cancelled, and Cancellation will take effect at 7.00 a.m. on 8 January 2024.

For further information, contact:

 
 Holders Technology plc                                  01896 758781 
 Rudi Weinreich, Executive Chairman 
 Victoria Blaisdell, Group Managing Director 
 Mehul Shah, Group Finance Director 
 Website www.holderstechnology.com 
 
 SP Angel Corporate Finance LLP (Financial Adviser,          020 3470 
  Nominated Adviser and Broker)                                  0470 
 Matthew Johnson/Harry Davies-Ball, Corporate Finance 
 Abigail Wayne, Corporate Broking 
 

Defined Terms

Defined terms in this announcement have the same meaning as in the Circular (unless otherwise specified).

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January 03, 2024 02:00 ET (07:00 GMT)