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RNS Number : 2265F
Medica Group PLC
07 July 2023
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT
JURISDICTION
FOR IMMEDIATE RELEASE
7 July 2023
RECOMMENDED CASH ACQUISITION
OF
MEDICA group PLC ("MEDICA")
BY
moonlight BIDCO LIMITED ("bidco")
a newly incorporated wholly owned subsidiary of funds advised
by
IK INVESTMENT PARTNERS LIMITED ("IK")
De-listing and Cancellation of Trading of Medica Shares
Further to the announcement made by Medica and Bidco on 6 July
2023 that the Scheme has become Effective, Medica announces that,
following an application by Medica, the FCA has cancelled the
listing of Medica Shares on the premium listing segment of the
Official List and the London Stock Exchange has cancelled the
trading of Medica Shares on the London Stock Exchange's Main Market
for listed securities, in each case with effect from 7.30 a.m.
(London time) today, 7 July 2023.
Defined terms used but not defined in this announcement have the
meanings set out in the scheme document sent to Medica Shareholders
dated 12 May 2023.
Enquiries:
Medica +44 (0)33 33 111 222
Stuart Quin, Chief Executive Officer
Richard Jones, Chief Financial Officer
Evercore +44 (0) 20 7653 6000
(Lead Financial Adviser to Medica)
Julian Oakley
Simon Elliott
Harrison George
Liberum +44 (0) 20 3100 2000
(Joint Financial Adviser and Joint Broker to Medica)
Phil Walker
Mark Harrison
Richard Lindley
Numis +44 (0) 20 7260 1000
(Joint Financial Adviser and Joint Broker to Medica)
Freddie Barnfield
Stuart Ord
Duncan Monteith
FTI Consulting +44 (0) 20 3727 1000
(Public Relations Adviser to Medica)
medicagroupplc@fticonsulting.com
Ben Atwell
Victoria Foster Mitchell
Sam Purewal
Jefferies +44 (0) 20 7029 8000
(Financial Adviser to Bidco and IK)
James Thomlinson
Ashwin Pai
William Brown
IK
(Marketing and Communications Manager) +44 (0) 20 7304 7153
Vidya Verlkumar vidya.verlkumar@ikpartners.com
H/Advisors Maitland +44 (0) 20 7379 5151
(Public Relations Adviser to Bidco and IK)
IK-Maitland@h-advisors.global
Vikki Kosmalska
Finlay Donaldson
DLA Piper UK LLP is acting as legal adviser to Medica.
Travers Smith LLP is acting as legal adviser to Bidco and
IK.
Important Notices
Evercore Partners International LLP ( "Evercore" ), which is
authorised and regulated by the FCA in the UK, is acting
exclusively as financial adviser to Medica and no one else in
connection with the matters described in this Announcement and will
not be responsible to anyone other than Medica for providing the
protections afforded to clients of Evercore nor for providing
advice in connection with the matters referred to herein. Neither
Evercore nor any of its subsidiaries, branches or affiliates owes
or accepts any duty, liability or responsibility whatsoever
(whether direct or indirect, whether in contract, in tort, under
statute or otherwise) to any person who is not a client of Evercore
in connection with this Announcement, any statement contained
herein, any offer or otherwise. Apart from the responsibilities and
liabilities, if any, which may be imposed on Evercore by FSMA and
successor legislation, or the regulatory regime established
thereunder, or under the regulatory regime of any jurisdiction
where exclusion of liability under the relevant regulatory regime
would be illegal, void or unenforceable, neither Evercore nor any
of its affiliates accepts any responsibility or liability
whatsoever for the contents of this Announcement, and no
representation, express or implied, is made by it, or purported to
be made on its behalf, in relation to the contents of this
Announcement, including its accuracy, completeness or verification
of any other statement made or purported to be made by it, or on
its behalf, in connection with Medica or the matters described in
this Announcement. To the fullest extent permitted by applicable
law, Evercore and its affiliates accordingly disclaim all and any
responsibility or liability whether arising in tort, contract or
otherwise (save as referred to above) which they might otherwise
have in respect of this Announcement or any statement contained
herein.
Liberum Capital Limited ( "Liberum" ), which is authorised and
regulated by the Financial Conduct Authority in the United Kingdom,
is acting exclusively for Medica and no one else in connection with
the Acquisition and will not be responsible to anyone other than
Medica for providing the protections afforded to clients of Liberum
nor for providing advice in relation to the Acquisition or any
other matters referred to in this Announcement. Neither Liberum nor
any of its affiliates owes or accepts any duty, liability or
responsibility whatsoever (whether direct or indirect, whether in
contract, in tort, under statute or otherwise) to any person who is
not a client of Liberum in connection with this Announcement, any
statement contained herein or otherwise.
Numis Securities Limited ( "Numis" ), which is authorised and
regulated by the FCA in the United Kingdom, is acting exclusively
for Medica and for no one else in connection with the Acquisition
and/or any other matter referred to in this Announcement and will
not be responsible to anyone other than Medica for providing the
protections afforded to its clients or for providing advice in
relation to the Acquisition, the contents of this Announcement, or
another other matters referred to in this Announcement. Neither
Numis nor any of its subsidiaries, affiliates or branches owes or
accepts any duty, liability or responsibility whatsoever (whether
direct, indirect, consequential, whether in contract, in tort,
under statute or otherwise) to any person who is not a client of
Numis in connection with this Announcement, any statement or other
matter or arrangement referred to herein or otherwise.
Jefferies International Limited ( "Jefferies" ), which is
authorised and regulated in the United Kingdom by the FCA, is
acting exclusively as financial adviser to Bidco and IK and for no
one else in connection with the Acquisition and will not be
responsible to anyone other than Bidco and IK for providing the
protections afforded to clients of Jefferies for providing advice
in relation to the Acquisition, the contents of this Announcement
or any other matters referred to in this Announcement. Neither
Jefferies nor any of its affiliates owes or accepts any duty,
liability or responsibility whatsoever (whether direct or indirect,
whether in contract, in tort, under statute or otherwise) to any
person who is not a client of Jefferies in connection with this
Announcement, any statement contained herein or otherwise.
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END
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