Acquisition

RNS Number : 4230M

M. P. Evans Group PLC

16 September 2019

 

M. P. EVANS GROUP PLC

("MPE" OR THE "GROUP")

Purchase of shares from minority partner

Following the announcement made on 4 September 2019, the board is pleased to announce that the conditions under the sale and purchase agreement for the Group to acquire shares in its Indonesian operating subsidiaries, held by one of its minority partners PT Austindo Nusantara Jaya Tbk, have now been fulfilled and that the transaction has accordingly been completed.

Enquiries:

M.P. Evans Group PLC	Telephone: [phone]
Peter Hadsley-Chaplin - chairman
Tristan Price - chief executive
Matthew Coulson - finance director
Peel Hunt LLP (NOMAD and joint broker)	Telephone: [phone]
Dan Webster
George Sellar
Guy Pengelley
finnCap (Joint broker)	Telephone: [phone]
Tim Redfern
Chris Raggett
Hudson Sandler	Telephone:  [phone]
Charlie Jack Bertie Berger
Elfie Kent

 

END

 

 

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