Essentially Grp PLC - Extension of Acquisition Long Stop Date
Announcement provided by
Essentially Group PLC · ESSN03/05/2024 07:51
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The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of
ESSENTIALLY GROUP PLC
("Essentially" or "the Company'')
Extension of Long Stop Date for the Acquisition of Best of Latin Foodstuff Trading LLC
As announced on 8 March 2024, Essentially' s wholly owned subsidiary, Essentially Holdings Limited, a company registered in Abu Dhabi Global Market with company number 000005363 has entered into a binding share purchase agreement for the acquisition of the entire share capital of Best of Latin Foodstuff Trading LLC from the sole shareholder of Best of Latin, Catalina Oñate for a total consideration of
The long stop date for the completion of the acquisition was 3 May 2024. The parties to the Share Purchase Agreement have agreed an extension of this long stop date to 31 May 2024 to allow additional time to obtain the approval of the acquisition by the Department of Economic Development in
The Directors accept responsibility for this announcement.
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For further information, please contact:
Essentially Group Plc |
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Raja W Abuljebain, CEO |
Tel: +971 56 6440676 |
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https://essentiallyplc.com |
AQSE Exchange Corporate Adviser |
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Alfred Henry Corporate Finance Ltd |
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Nick Michaels/Maya Klein Wassink |
Tel: +44 (0) 20 3772 0021 |
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Broker |
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Clear Capital Markets Ltd |
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Andrew Blaylock |
Tel: +44 (0)20 3869 6082 |
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https://clearcapitalmarkets.co.uk |
About Essentially Group PLC
Essentially's mission and strategy is the acquisition, holding and development of companies active in the health food and beverages market. Essentially's wholly owned operating subsidiary in the
For more information on the Company please visit https://essentiallyplc.com/
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