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News

Court sanction of Scheme of Arrangement

25/11/2021

Stock Spirits take another step towards completion of the acquisition by CVC.

​We are pleased to announce that the High Court of Justice in England and Wales has today issued the Scheme Court Order sanctioning the acquisition by CVC. It is anticipated that the effective date of the takeover will be 29 November 2021, which is when a copy of the Scheme Court Order is expected to be delivered to the Registrar of Companies.

Applications have been made for the delisting of Stock Spirits shares on both the London Stock Exchange and the Prague Free Market Stock Exchange. Suspensions are likely to take effect from 0730 GMT on 29 November 2021 with all applications, subject to the Scheme becoming effective, due to take effect by 0800 GMT on 30 November 2021. Therefore, the last day of dealings in, and for the registration and transfer of, Stock Spirits shares will be 26 November 2021.

A further announcement will be made when the Scheme has become effective and the acquisition completes.

Full details of the acquisition by CVC are available on: https://www.stockspirits.com/investors/offer.aspx.

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