お知らせ • May 14
Kinovo plc Intends to Cancel Trading of Shares on AIM The boards of Kinovo plc and Sureserve announced that they have reached agreement on the terms and conditions of a recommended final cash offer pursuant to which Sureserve will acquire the entire issued and to be issued ordinary share capital of Kinovo (the "Acquisition"). The Acquisition is currently intended to be implemented by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006. Prior to the Effective Date (the date upon which the Acquisition becomes Effective in accordance with its terms), it is intended that applications will be made to the London Stock Exchange for admission of the Kinovo Shares to trading on AIM to be cancelled with effect from or shortly following the Effective Date. The last day of dealings in, and registration of transfers of, Kinovo Shares on AIM is expected to be the Business Day immediately prior to the Effective Date, and no transfers will be registered after 6.00 p.m. (London time) on that date. Upon the Scheme becoming Effective, Sureserve will acquire the Kinovo Shares fully paid and free from all liens, charges, equitable interests, encumbrances and rights of pre-emption and any other interests of any nature whatsoever and together with all rights attaching thereto including the right to receive and retain all dividends and distributions declared, made or paid by reference to a record date after the Effective Date. On the Effective Date, Kinovo will become a wholly-owned subsidiary of Sureserve and share certificates in respect of Kinovo will cease to be valid and should be destroyed. In addition, entitlements held within the CREST system to the Kinovo Shares will be cancelled on the Effective Date. It is also intended that Kinovo will be re-registered as a private limited company and for this to take place as soon as practicable following the Effective Date. お知らせ • May 13
Sureserve Limited made a non-binding proposal to acquire Kinovo plc (AIM:KINO) for £54.5 million. Sureserve Limited made a non-binding proposal to acquire Kinovo plc (AIM:KINO) for £54.5 million on May 12, 2025. A cash consideration valued at £0.875 per share will be paid by Sureserve Limited. Having considered the Possible Offer, the Kinovo Board has indicated to Sureserve that it is at a value the Board would be minded to recommend to Kinovoshareholders, should a firm intention to make an offer. In accordance with Sureserve must, by no later than on 10 June 2025, being the 28th day following the date of this announcement, either announce a firm intention to make an offer for Kinovo or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement. The deadline can be extended with the consent of the Takeover Panel.
Adam James and Harry Rees of Canaccord Genuity Limited and Alistair Allen, Rob McCann and Matt Jaquiss-OllierRothschild & Co acted as financial advisor to the Kinovo plc. Addleshaw Goddard LLP is acting as legal adviser to Sureserve. Dorsey & Whitney (Europe) LLP is acting as legal adviser to Kinovo. お知らせ • Nov 08
Kinovo plc Provides Earnings Guidance for the Six Months Ended September 30, 2024 Kinovo plc provided earnings guidance for the six months ended September 30, 2024. The Group expects to report revenue of £29.6 million, a decrease of 3% compared to the previous period (H1 FY24: £30.3 million). お知らせ • Aug 05
Kinovo plc, Annual General Meeting, Aug 28, 2024 Kinovo plc, Annual General Meeting, Aug 28, 2024. Location: the offices of hudson sandler, 25 charterhouse square, ec1m 6ae, london United Kingdom お知らせ • Aug 02
Kinovo plc Announces Final DCB Project Update Kinovo Plc confirmed that it has completed the build of the final outstanding legacy project, relating to its former construction subsidiary, DCB (Kent) Ltd., ending its financial liabilities relating to these under parent company guarantees. The building has been completed on time and in line with cost forecasts. The total net pre-tax cost to complete for the nine DCB projects remains in line with those announced at the Company's results on 9 July 2024. Additionally, the client for the final project has contracted Kinovo for further external works to the property, which are deemed as variations to the contract and will be paid for separately by the client, therefore not affecting the final cost to complete. These additional works will extend the date of practical completion to September. お知らせ • May 25
Kinovo plc to Report Fiscal Year 2024 Results on Jul 09, 2024 Kinovo plc announced that they will report fiscal year 2024 results on Jul 09, 2024 お知らせ • May 03
Kinovo plc Provides Earnings Guidance for the Full Year 2024 Kinovo plc provided earnings guidance for the full year 2024. For the year, the company expects to report revenues for FY24 of approximately £64 million (FY23: £62.7 million), reflecting a different revenue mix of projects contracted in the year andincluding the strategic exit from a private sector mechanical contract amounting to £3.6 million in revenue. お知らせ • Nov 08
Kinovo plc to Report First Half, 2024 Results on Nov 28, 2023 Kinovo plc announced that they will report first half, 2024 results on Nov 28, 2023 お知らせ • Nov 07
Kinovo plc Provides Earnings Guidance for the Six Months Ending 30 September 2023 Kinovo plc provided earnings guidance for the six months ending 30 September 2023. With a number of planned works being delayed due to clients' administrative bottlenecks and only commencing in the latter part of the first half, the Board expects to report a revenue increase of 2% to £30.34 million (H1 2023: £29.76 million) with a 9% increase in gross profit to £8.40 million (H1 2023: £7.71 million). As the planned works progress and new contract wins are fully mobilised, revenues are expected to pick up further in the second half of the year, albeit at more normalised margins, as part of the Group's traditional second half weighting. The Board expects to report adjusted EBITDA growth of 21% to £2.91 million (H1 2023: £2.40 million) and Operating Profit growth of 46% to £2.75 million (H1 2023: £1.87 million) driven by a favourable work mix, enhanced by the Group's operational efficiencies and lower non-underlying costs. お知らせ • Sep 03
Tim Scott cancelled the acquisition of an unknown minority stake in Kinovo plc (AIM:KINO) from Ruffer LLP and other shareholders. Tim Scott made a non-binding indicative offer to acquire an unknown minority stake in Kinovo plc (AIM:KINO) from Ruffer LLP and other shareholders on August 24, 2023. The offer price is 56 pence cash per share. The offer is subject to the satisfaction or waiver by offeror of a number of pre-conditions, including the satisfactory completion of customary due diligence, the recommendation of the Board of Kinovo and no material change in the outlook of the DCB Kent construction projects.
Bobbie Hilliam, Adam James, Andrew Potts and Harry Rees of Canaccord Genuity Limited acted as financial adviser of Kinovo.
Tim Scott cancelled the acquisition of an unknown minority stake in Kinovo plc (AIM:KINO) from Ruffer LLP and other shareholders on September 1, 2023. お知らせ • Aug 25
Rx3 Holdings Limited made a non-binding indicative offer to acquire Kinovo plc (AIM:KINO) from Tipacs2 Limited and other shareholders for £34.8 million. Rx3 Holdings Limited made a non-binding indicative offer to acquire Kinovo plc (AIM:KINO) from Tipacs2 Limited and other shareholders for £34.8 million on August 24, 2023. The offer price is 56 pence cash per share. The offer is subject to the satisfaction or waiver by Rx3 of a number of pre-conditions, including the satisfactory completion of customary due diligence, the recommendation of the Board of Kinovo and no material change in the outlook of the DCB Kent construction projects.Bobbie Hilliam, Adam James, Andrew Potts and Harry Rees of Canaccord Genuity Limited acted as financial adviser of Kinovo. お知らせ • Aug 05
Kinovo plc, Annual General Meeting, Aug 30, 2023 Kinovo plc, Annual General Meeting, Aug 30, 2023, at 11:00 Coordinated Universal Time. Location: Hudson Sandler, 25 Charterhouse Square London United Kingdom お知らせ • Jul 07
Kinovo plc to Report Fiscal Year 2023 Final Results on Jul 11, 2023 Kinovo plc announced that they will report fiscal year 2023 final results on Jul 11, 2023