EVST Everest Global Plc

 
TIDMEVST 
 
10 January 
2024 
 
 
Everest Global plc 
 
("Everest" or the "Company") 
 
Completion of the Acquisition of Precious Link (UK) Limited, a UK wine retailer 
 
Following the announcement on 18 December 2023, whereby the Company entered into 
a share purchase agreement with PI Distribution Investment Ltd, to acquire the 
entire issued share capital of Precious Link (UK) Limited ("Precious Link"), a 
wine retailer in the Southeast of England, the Company is pleased to announce 
that all outstanding conditions have been met or waived by the Company and the 
transaction completed on 9 January 2024. 
 
The Company has now issued the 12,500,000 new Ordinary Shares, agreed to be 
issued to PI Distribution Investment Ltd, as consideration for the entire issued 
share capital of Precious Link. Therefore the total number of Ordinary Shares in 
issue with voting rights in the Company is 77,388,855 ("Total Voting Rights"). 
No shares are held in treasury. The Total Voting Rights figure may now be used 
by shareholders as the denominator for the calculation by which they may 
determine if they are required to notify their interest in, or a change to their 
interest in, the Company under the FCA's Disclosure Guidance and Transparency 
Rules. 
 
The Company intends to apply to the Financial Conduct Authority ("FCA") for such 
new Ordinary Shares to be admitted to the Official List of the FCA (by way of a 
standard listing under Chapter 14 of the listing rules published by the FCA 
under section 73A of the FSMA as amended from time to time) and to the London 
Stock Exchange Group plc ("London Stock Exchange") for such new Ordinary Shares 
to be admitted to trading on the London Stock Exchange's main market for listed 
securities ("Admission"). The Company will make a further announcement regarding 
the Admission of these new Ordinary Shares in due course. 
 
This announcement contains inside information for the purposes of Article 7 of 
EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the 
European Union (Withdrawal) Act 2018). 
 
The Directors of the Company take responsibility for the contents of this 
announcement. 
 
For further information please contact the following: 
 
Everest Global plc 
 
Andy Sui, Chief Executive Officer  +44 (0) 776 775 1787 
 
Rob Scott, Non-Executive Director  +27 (0)846006 001 
 
Cairn Financial Advisers LLP 
Jo Turner / Emily Staples          +44 (0) 20 7213 0885 / +44 (0)20 7213 0897 
 
 
This information was brought to you by Cision http://news.cision.com 
https://news.cision.com/everest-global-plc/r/completion-of-the-acquisition-of-precious-link,c3906564 
 
 
END 
 
 

(END) Dow Jones Newswires

January 10, 2024 02:00 ET (07:00 GMT)

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