Corporate News

Tender Offer Update

08 August 2025

Further to the announcement of the Tender Offer on 9 June 2025, details of which are set out in the Circular, and following the approval of the Tender Offer by Shareholders at a general meeting of the Company held at 10am on 6 August 2025 and the closing of the Tender Offer at 1pm on 7 August 2025, the Company announces that the Tender Offer was heavily oversubscribed.

An announcement of the result of the Tender Offer is expected to be released later today and by no later than 7.00 a.m. on 11 August 2025.  An expected timetable of principal events is included below.

Capitalised terms used in this announcement shall, unless otherwise defined, have the same meanings as set out in the Tender Offer announcement.

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

For further enquiries:

Anexo Group Plc

Mark Bringloe, Chief Financial Officer

Nick Dashwood Brown, Head of Investor Relations

 

+44 (0) 151 227 3008

 

www.anexo-group.com

 

Shore Capital
(Nomad & Broker to Anexo Group Plc)

Tom Griffiths / Sophie Collins (Corporate Advisory)

Guy Wiehahn (Corporate Broking)

+44 (0) 20 7408 4090

 

EXPECTED TIMETABLE OF PRINCIPAL EVENTS1

Event

Date (all 2025)2

Announcement of the result of the Tender Offer

by 7.00 a.m. on 11 August

CREST accounts credited with unsuccessfully tendered uncertificated Ordinary Shares

not later than 13 August

Expected purchase of Ordinary Shares (CREST and certificated) under the Tender Offer

not later than 13 August

CREST accounts credited in respect of Tender Offer proceeds for uncertificated Ordinary Shares

15 August

Despatch of cheques in respect of Tender Offer proceeds for certificated Ordinary Shares

by 19 August

Return of share certificates in respect of unsuccessful tenders or balance share certificates

by 19 August

 

Notes:

  1. References to times in this Announcement are to London time, unless otherwise stated.
  2. Each of the times and dates in the above timetable is subject to change. If any of the above times and/or dates change, the revised times and/or dates will be notified to Shareholders by an announcement through a Regulatory Information Service which will also be available on the Company's website.

 

Notes to Editors:

Anexo is a specialist integrated credit hire and legal services provider. The Group has created a unique business model by combining a direct capture Credit Hire business with a wholly owned Legal Services firm. The integrated business targets the impecunious not at fault motorist, referring to those who do not have the financial means or access to a replacement vehicle.

Through its dedicated Credit Hire sales team and network of over 1,100 active introducers around the UK, Anexo provides customers with an end-to-end service including the provision of Credit Hire vehicles, assistance with repair and recovery, and claims management services. The Group's Legal Services division, Bond Turner, provides the legal support to maximise the recovery of costs through settlement or court action as well as the processing of any associated personal injury claim.

The Group was admitted to trading on AIM in June 2018 with the ticker ANX.

For additional information please visit: www.anexo-group.com. To subscribe to our investor alert service and receive all press releases, financial results and other key shareholder messages as soon as they become available, please visit: https://www.anexo-group.com/content/investors/alert.asp.

« back to Press & Corporate news