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City firm secures £50m war chest to fund litigation

City firm secures £50m war chest to fund litigation
lawgazette.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawgazette.co.uk Daily Mail and Mail on Sunday newspapers.

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City firm arms itself with £50m war chest for litigation increase

City firm arms itself with £50m war chest for litigation increase
lawgazette.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawgazette.co.uk Daily Mail and Mail on Sunday newspapers.

United States , Adrian Chopin , Richard Healey , Bench Walk Advisers , Listed City , Rosenblatt Limited , ஒன்றுபட்டது மாநிலங்களில் , ரிச்சர்ட் ஹீலி , பட்டியலிடப்பட்டுள்ளது நகரம் , ரோசன்ப்ளாட் வரையறுக்கப்பட்டவை ,

Listed pioneer to issue 10m new shares

RBG Holdings plc completed the
acquisition of Memery Crystal LLP on Friday under a £30m deal, comprising £12m in cash, £11.2m in RBG shares, and a further £6.8 million in cash on the six and 12-month anniversary of completion.
In order to honour the agreement, RBG Holdings will issue 9,739,130 new ordinary shares of 0.2p each. The new shares are subject to a three-year lock-in agreement, including a prohibition on transfer. The shares are expected to be admitted to London’s Alternative Investment Market (AIM) tomorrow at 8am and, following admission, the group will have 95,331,236 ordinary shares in issue.
London-based Memery Crystal has 29 partners and will retain its own brand identity and offices. The firm’s current managing partner Nick Davis will continue in the role. ....

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Investegate |RBG Holdings PLC Announcements | RBG Holdings PLC: Completion of acquisition

RBG Holdings plc (AIM: RBGP), the professional services group, is pleased to confirm that, further to the announcement of 20 April 2021, the Group has today completed the acquisition of the business of Memery Crystal LLP ( Memery Crystal ), having received regulatory approval ( Completion ).

As previously announced, RBG has agreed to acquire Memery Crystal for total consideration of £30.0 million
comprising £12 million in cash and £11.2 million in RBG shares due on Completion, together with a further, £6.8 million in cash deferred over two payments on the sixth and 12-month anniversary of completion ( Consideration ).

In order to satisfy the portion of the Consideration due in RBG shares, the Company will issue 9,739,130 new ordinary shares of 0.2 pence each ( Consideration Shares ), representing a deemed price per Consideration Share of £1.15 pence (being the volume weighted average mid-market pric ....

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Investegate |RBG Holdings PLC Announcements | RBG Holdings PLC: Notice of AGM and Shareholder Q&A

Investegate announcements from RBG Holdings PLC, Notice of AGM and Shareholder Q&A ....

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