Shareholders of the FTSE-listed investment platform are set to receive 1,110 pence per share, unless they opted into the Alternative Offer, which grants one Rollover Security per HL share held. Final settlement is expected by 7 April 2025. The acquisition triggers the end of HL's trading on the public markets. Shares were suspended on 24 March 2025, with delisting from the Official List and the London Stock Exchange scheduled for 25 March 2025. Significant board restructuring accompanied the deal. Departing directors include Alison Platt, Penny James, Andrea Blance, and others. New appointments to the Bidco Board include Bruce Hemphill as Chair, Amy Stirling as CFO, and Dan Olley as CEO. Peter Hargreaves, who opted for the Alternative Offer, is expected to become a Substantial B Shareholder with board nomination rights. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join...
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