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Investegate |Connells Limited Announcements | Connells Limited: Connells acquires Alchemy's stake in Countrywide


 
On 31 December 2020, the boards of Connells and Countrywide announced that they had reached agreement on the terms of a recommended cash offer by Connells for Countrywide (the Recommended Offer Announcement ), pursuant to which Connells will acquire all of the issued and to be issued share capital of Countrywide (the Acquisition ), to be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act (the Scheme ).
On 22 January 2021, Connells and Countrywide announced that a circular in relation to the Scheme (the Scheme Document ) had been published on Countrywide s website at https://www.countrywide.co.uk/corporate/investor-relations/investing-in-countrywide/disclaimer-offer-by-connells-limited/ and on Connells website at https://www.connellsgroup.co.uk/microsite. On the same day, Alchemy Partners ( Alchemy ) confirmed that it does not intend to make an offer for the entire issued and to be issued share capital of Countrywide pur ....

United States , United Kingdom , City Of , Adss Connells , Jamie Richards , Tariq Ennaji , Edward Banks , Richard Twigg , Jeremy John Hosking , Django Oconnell Davidson , Reg Hoare , Adss Adrs , David Livesey , Richard Crawley , Luxembourg Castle Holdings , Electronic Communications , Liberum Capital Limited , American Depositary Receipt Program , Group Finance , Us Securities Exchange , Court Meeting , Public Company Accounting Oversight Board United States , Hosking Partners , Panel On Takeovers , London Stock Exchange , Schroder Investment Management Limited Schroders ,

Investegate |Connells Limited Announcements | Connells Limited: Update on Shareholder Support


 
On 31 December 2020, the boards of Connells and Countrywide announced that they had reached agreement on the terms of a recommended cash offer by Connells for Countrywide (the Recommended Offer Announcement ), pursuant to which Connells will acquire all of the issued and to be issued share capital of Countrywide (the Acquisition ).
Today, Connells is pleased to announce that it has acquired the entire shareholding of 1,919,995 Countrywide Shares held by Schroder Investment Management Limited ( Schroder ), representing approximately 5.85 per cent. of the existing issued ordinary share capital of Countrywide as at 6 January 2021, being the last Business Day prior to the date of this announcement. ....

United States , United Kingdom , City Of , Adss Connells , Jamie Richards , Tariq Ennaji , Edward Banks , Richard Twigg , Jeremy John Hosking , Django Oconnell Davidson , Reg Hoare , Richard Crawley , Adss Adrs , David Livesey , Luxembourg Castle Holdings , Electronic Communications , Liberum Capital Limited , American Depositary Receipt Program , Group Finance , Us Securities Exchange , Court Meeting , Schroder Investment Management Limited , Public Company Accounting Oversight Board United States , Hosking Partners , London Stock Exchange , Regulatory Information Service ,