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Fletcher King plc announced on 16 February 2022 an update on its Conditional Placing of New Ordinary Shares and Conditional Director Dealing. FCA controller approval for Elliott Bernerd and CM Strategic 613 Limited has yet to be received, resulting in the long stop date for the Share Purchase Agreement and Subscription Agreement being extended to 22 July 2022.
| Date | 16 Feb 2022 |
| Time | 07:00:07 |
| Category | Miscellaneous |
| ID | 7912B |
Fletcher King plc
("Fletcher King" or "the Company")
Update on Conditional Placing of New Ordinary Shares and Conditional Director Dealing
Further to the announcements of 4 October 2021 regarding the Conditional Placing and Conditional Director Dealing, Fletcher King announces that FCA controller approval has yet to be received for Elliott Bernerd and CM Strategic 613 Limited. The Board is not aware of any reason why such approval should not be forthcoming.
The long stop date by which each of the Share Purchase Agreement and Subscription Agreement must be completed has been extended to 22 July 2022 although it is hoped completion will occur sooner.
A further announcement will be made in due course.
Enquiries
Fletcher King plc
David Fletcher / Peter Bailey
Tel: 0207 493 8400
Cairn Financial Advisers LLP
James Caithie / Liam Murray
Tel: 020 7213 0880