RBG Holdings PLC Intention to Appoint Administrators

RNS Number : 4988V

RBG Holdings PLC

31 January 2025

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"), AND IS DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF MAR.

 

31 January 2025

 

 

RBG Holdings plc  

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

 

 Intention to Appoint Administrators

Further to the announcement on 28 January 2025, the Board of RBG Holdings plc regrettably has resolved to and subsequently has filed today a notice of intention to appoint administrators to the Company.

Notices of intention to appoint administrators to RBG Legal Services Limited and RBL Law Limited (two of the Company's subsidiaries) have also been filed.

As a result of the Company's intention to appoint administrators, Singer Capital Markets Advisory LLP has informed the Company of their resignation as nominated adviser to RBG, effective immediately on the release of this announcement. Pursuant to AIM Rule 1, if a replacement nominated adviser is not appointed within one month of today's date, the admission of the Ordinary Shares to trading on AIM will be cancelled. The Company has no current intention of appointing a replacement nominated adviser.

Further announcements will be made in due course.

RBG Holdings PLC Jon Divers, Chief Executive Officer Kevin McNair, Chief Financial Officer	Via Camarco
Singer Capital Markets (Nomad and Broker) Rick Thompson / Alex Bond / James Fischer (Corporate Finance)	Tel: [phone]
Camarco (for media/analyst enquiries) Ed Gascoigne-Pees / Jennifer Renwick	Tel: [phone] [e-mail]

 

The person responsible for arranging release of this announcement on behalf of the Company is Kevin McNair, Chief Financial Officer. 

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