Recommended Cash Offer with Unlisted Partial Share and Loan Note Alternative for Produce Investments PLC by April 1983 Bidco Limited.
On 11th September 2018, the Independent Committee of the Board of Produce Investments PLC and the Board of April 1983 Bidco Ltd., a Jersey company ultimately owned and controlled by funds managed by Promethean Investments LLP, announced it had reached an agreement on the terms of a recommended Cash Offer, with an Unlisted Partial Share and Loan Note Alternative to be made by April 1983 for the entire issued and to be issued share capital of Produce Investments.
Following the announcement by April 1983 on 8th October 2018 relating to the timetable for the posting of the document containing the full terms and conditions and procedures for acceptance of the Offer, April 1983 announced that the Offer Document and the related Form of Acceptance will be posted on 12th October 2018.
The Offer will remain open for acceptance until 1.00pm on 2nd November 2018.
Singer Capital Markets are acting as Financial Adviser to April 1983.
For more information on this news, please email firstname.lastname@example.org or call (0)207 496 3000
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