공시 • Mar 13
London Stock Exchange Cancels Trading in Kitwave Shares on AIM Effective from 13 March 2026 Further to the announcement made by Kitwave Group plc ("Kitwave") and Kite UK Bidco Limited ("BidCo") on 12 March 2026 that the Scheme had become Effective in accordance with its terms, Kitwave announced that, following an application by Kitwave to the London Stock Exchange, the London Stock Exchange has cancelled trading in Kitwave Shares on AIM with effect from 7.00 a.m. 13 March 2026. 공시 • Mar 12
OEP Capital Advisors L.P. completed the acquisition of Kitwave Group plc (AIM:KITW) from the group of shareholders. OEP Capital Advisors L.P. reached an agreement to acquire Kitwave Group plc (AIM:KITW) from the group of shareholders for approximately £250 million on January 22, 2026. A cash consideration valued at £2.95 per share will be paid by OEP Capital Advisors, L.P. The cash consideration payable by BidCo under the terms of the Acquisition will be funded from equity to be invested by the OEP Funds pursuant to the terms of the Equity Commitment Letter. The Scheme remains conditional on, and will become Effective upon, the delivery of a copy of the Scheme Court Order to the Registrar of Companies, which is expected to occur on March 12, 2026.
The transaction is subject to approval of merger agreement by target board, approval of offer by target shareholders and subject to court approval. The deal has been unanimously approved by the board. The expected completion of the transaction is January 22, 2026 to March 31, 2026.
As per the announcement dated February 26, 2026, The transaction is approved by shareholders of Kitwave Group plc. As of March 10, 2026, Kitwave Group plc and OEP Capital Advisors L.P. are pleased to announce that, at the Sanction Hearing held, the High Court of Justice in England and Wales has sanctioned the Scheme. The Board of Kitwave further announces that 165,777 new ordinary shares of £0.01 each in Kitwave ("New LTIP Shares") have been allotted and issued to satisfy the exercise of share options and vesting of share awards held by persons (including certain directors) under the Kitwave Share Plan and that 142,222 new ordinary shares have been allotted and issued to satisfy the exercise of the Kitwave Warrants over 142,222 Kitwaves Shares by Canaccord Genuity Limited ("New Canaccord Shares"). Accordingly, an application was made by Kitwave for the 307,999 New Ordinary Shares to be admitted to trading on AIM, and admission to trading on AIM is expected to take place on March 11, 2026 and upon Admission Kitwave will have in issue 84.045 million ordinary shares.
The transaction is expected to close on March 12, 2026.
Andrew Welby, Simon Chaudhuri and Max Hunt of Moelis & Company UK LLP acted as financial advisor for OEP Capital Advisors, L.P. Harry Rees, Bobbie Hilliam and Elizabeth Halley-Stott of Canaccord Genuity Limited acted as financial advisor for Kitwave Group plc. Norton Rose Fulbright LLP acted as legal advisor for OEP Capital Advisors, L.P. Harry Thimon and John Papadakis of Ashurst LLP acted as legal advisor for Kitwave Group plc.
OEP Capital Advisors L.P. completed the acquisition of Kitwave Group plc (AIM:KITW) from the group of shareholders on March 12, 2026. As the Scheme has now become Effective, Marnie Millard and Teresa Octavio have tendered their resignations and stepped down as non-executive directors on the Kitwave Board. David Brind has also stepped down as a director of Kitwave and Mark Earl has been appointed as a director of Kitwave. Dealings in Kitwave Shares on AIM will be suspended with effect from 7.30 a.m. on March 12, 2026. 공시 • Jan 23
Kitwave to Apply for the Cancellation of Trading of the Shares on AIM The boards of directors of Kitwave Group plc and Kite UK Bidco Limited (BidCo) announced that they have reached agreement on the terms of a recommended all cash acquisition of the entire issued and to be issued ordinary share capital of Kitwave (the "Acquisition"). The Acquisition is to be effected by means of a scheme of arrangement under Part 26 of the Companies Act. Prior to the Scheme becoming Effective, application will be made by Kitwave for the cancellation of trading of the Kitwave Shares on AIM to take effect on or shortly after the Effective Date. The last day of dealings in, and registration of transfers of, Kitwave 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. on that date. On the Effective Date, share certificates in respect of Kitwave Shares will cease to be valid and entitlements to Kitwave Shares held within the CREST system will be cancelled. Kitwave Shareholders shall be required to return share certificates to Kitwave or destroy them following the Effective Date. It is also proposed that, following the Effective Date and after its shares are de-listed, Kitwave shall be re-registered as a private limited company. 공시 • Jan 22
OEP Capital Advisors L.P. reached an agreement to acquire Kitwave Group plc (AIM:KITW) from the group of shareholders for £251 million. OEP Capital Advisors L.P. reached an agreement to acquire Kitwave Group plc (AIM:KITW) from the group of shareholders for £251 million on January 22, 2026. A cash consideration valued at £2.95 per share will be paid by OEP Capital Advisors, L.P. The cash consideration payable by BidCo under the terms of the Acquisition will be funded from equity to be invested by the OEP Funds pursuant to the terms of the Equity Commitment Letter.
The transaction is subject to approval of merger agreement by target board, approval of offer by target shareholders and subject to court approval. The deal has been unanimously approved by the board. The expected completion of the transaction is January 22, 2026 to March 31, 2026.
Andrew Welby, Simon Chaudhuri and Max Hunt of Moelis & Company UK LLP acted as financial advisor for OEP Capital Advisors, L.P. Harry Rees, Bobbie Hilliam and Elizabeth Halley-Stott of Canaccord Genuity Limited acted as financial advisor for Kitwave Group plc. Norton Rose Fulbright LLP acted as legal advisor for OEP Capital Advisors, L.P. Ashurst LLP acted as legal advisor for Kitwave Group plc. 공시 • Jan 16
Kitwave Group plc Announces Termination of Gerard Thomas Murray as Director, Effective January 13, 2026 Kitwave Group Plc terminated the appointment of Mr. Gerard Thomas Murray as director effective January 13, 2026. 공시 • Jan 14
Kitwave Group plc Announces Directorate and Committee Changes, with effect from January 14, 2026 Kitwave Group PLC announced that Gerard Murray, Non-Executive Director, will be stepping down from the Board with immediate effect. Following the departure of Mr. Murray, Dr Marnie Millard (Chair of the Company) will act as interim chair of the Audit Committee and Teresa Octavio (Independent Non-Executive Director) will act as interim chair of the Remuneration Committee. The Company will commence a search for a new Non-Executive Director and update shareholders as appropriate. 공시 • Jul 02
Kitwave Group plc Declares Interim Dividend for the Six Months to 30 April 2025, Payable on 31 July 2025 The Board of Kitwave Group plc has declared an increased interim dividend of 4.00 pence per share (first half 2024: 3.85 pence per share) for the six months to 30 April 2025. This dividend will be paid on 31 July 2025 to shareholders on the register at the close of business on 11 July 2025 and the ex-dividend date will be 10 July 2025. 공시 • Jun 10
Kitwave Group plc to Report First Half, 2025 Results on Jul 01, 2025 Kitwave Group plc announced that they will report first half, 2025 results on Jul 01, 2025