Investegate |RBG Holdings PLC Announcements | RBG Holdings PLC: Integration Update investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
RBG Holdings plc (AIM: RBGP), the professional services group, is pleased to confirm that, further to the announcement of 20 April 2021, the Group has today completed the acquisition of the business of Memery Crystal LLP ( Memery Crystal ), having received regulatory approval ( Completion ). As previously announced, RBG has agreed to acquire Memery Crystal for total consideration of £30.0 million comprising £12 million in cash and £11.2 million in RBG shares due on Completion, together with a further, £6.8 million in cash deferred over two payments on the sixth and 12-month anniversary of completion ( Consideration ). In order to satisfy the portion of the Consideration due in RBG shares, the Company will issue 9,739,130 new ordinary shares of 0.2 pence each ( Consideration Shares ), representing a deemed price per Consideration Share of £1.15 pence (being the volume weighted average mid-market price of RBG shares in th
About RBG Holdings plc RBG Holdings plc is a professional services group, which includes one of the UK s pioneering law firms, Rosenblatt Limited ( RBL ), which is a leader in dispute resolution. RBL provides a range of legal services to its diversified client base, which includes companies, banks, entrepreneurs, and individuals. Complementing this is RBL s increasingly international footprint, advising on complex cross-jurisdictional matters. RBL s practice areas include banking & finance, competition & regulatory, corporate, dispute resolution, employment, financial crime, financial services, insolvency & financial restructuring, IP/technology/media, real estate, serious & general crime, tax resolution and white-collar crime. In April 2021, the Group announced the acquisition of the business of specialist international law firm Memery Crystal LLP (conditional on completion) ( Memery Crystal ). RBL and Memery Crystal will retain their own brand
Investegate |RBG Holdings PLC Announcements | RBG Holdings PLC: LionFish - first successful litigation investment investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.