Update on takeover offer
On 12 August 2021, the Boards of Stock Spirits and Bidco, a company owned by CVC Advisers Ltd, announced that they had reached an agreement on a recommended all cash acquisition of Stock Spirits Group PLC. The acquisition was subject to the results of a vote by shareholders at the Court meeting and General meeting, which took place on 20 September 2021 and received a 95.9% majority vote to accept the takeover offer.
There are additional steps to undertake before the transaction is finalised, which is anticipated to be sometime between December 2021 and January 2022. We will be issuing updates on the process as we move towards completion.
For further information on this takeover, please visit: https://www.stockspirits.com/investors/offer.aspx.