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News

Scheme of Arrangement becomes effective

29/11/2021

Stock Spirits and CVC announce that the Scheme relating to the acquisition has now become effective.

Stock Spirits and CVC are pleased to announce that, following the delivery of a copy of the Scheme Court Order to the Registrar of Companies today, the Scheme has become effective and Stock Spirits is now wholly owned by CVC.

As per our announcement on 25 November 2021, applications have been made for the delisting of Stock Spirits shares on both the London and Prague Free Market Stock Exchanges. All applications are expected to take effect by 0800 GMT on 30 November 2021.

With the acquisition now complete, David Maloney, John Nicolson, Mike Butterworth, Kate Allum, Diego Bevilacqua and Tomasz Blawat have tendered their resignations and stepped down from the Stock Spirits Board as of today.

We will issue further updates as they become available.

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

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