Hilton Food Group PLC Completion of Acquisition (8168V)
November 07 2017 - 8:41AM
UK Regulatory
TIDMHFG
RNS Number : 8168V
Hilton Food Group PLC
07 November 2017
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM THE UNITED STATES,
AUSTRALIA, CANADA, JAPAN OR ANY JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH
JURISDICTION.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED
UNDER THE MARKET ABUSE REGULATION (EU NO. 596/2014).
7 November 2017
Hilton Food Group plc ("Hilton" or the "Company")
Completion of Acquisition
Further to the announcement on 18 October 2017 of the proposed
acquisition of Icelandic Group UK Limited ("Seachill") and Firm
Placing to raise gross proceeds of GBP55.9 million and the
announcement on 6 November 2017 pertaining to the result of the
General Meeting and shareholder approval for the Acquisition,
Hilton, a leading specialist international meat packing business,
announces Completion of the Acquisition and Admission.
The Admission comprising the admission of the New Ordinary
Shares pursuant to the Firm Placing Ordinary Shares occurred at
8.00 a.m. today. 7,350,000 New Ordinary Shares were admitted to
listing on the premium segment of the Official List of the UK
Listing Authority and to trading on the London Stock Exchange's
main market for listed securities.
Robert Watson OBE, Chief Executive of Hilton, said:
"We are pleased the acquisition has completed and look forward
to broadening our offering into fish and seafood to our UK and
overseas customers. We are excited about the opportunities the
Seachill acquisition will bring to Hilton and see considerable
potential to build the business alongside our existing meat
offering."
For further information please contact:
Hilton Food Group plc Tel: 01480 387214
Robert Watson OBE, Group
Chief Executive
Nigel Majewski, Chief
Financial Officer
Neil George, Company
Secretary
Numis Tel: 020 7260 1000
Mark Lander
Luke Bordewich
Andrew Hackney
Panmure Gordon Tel: 020 7886 2500
Erik Anderson
Andrew Godber
Tom Salvesen
Citigate Dewe Rogerson Tel: 020 7638 9571
Angharad Couch
Ellen Wilton
This information is provided by RNS
The company news service from the London Stock Exchange
END
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