Crimsonwing plc – Announcement on Voluntary Bid

Crimsonwing plc announced that, in connection with the offer received from KPMG Investments Malta Limited (the “Offeror”) for a Voluntary Public Bid launched in terms of Chapter 11 of the Listing Rules (the “Bid”) for the acquisition of the entire issued share capital of Crimsonwing, that since opening of the acceptance period relative to the Bid, the Managers, Registrars and Collecting and Paying Agents of the Bid, have as at the date hereof received acceptances in respect of 27,397,754 shares in the Company, amounting to approximately 90.7% of the entire issued share capital of the Company. 

The above represents the fulfilment of another of the conditions subject to which the Bid was conditional and revocable in terms of the offer document dated 28 November 2014. The Company will issue a further update at the end of the offer acceptance period, falling on 20 January 2015.

To view the official company announcement, click here.