31st Mar 2017 10:15
31 March 2017
Work Group plc
("Work Group" or the "Company")
Update on potential acquisition
On 16 December 2016, Work Group announced that it had entered into an agreement for the potential acquisition of a group of companies in the business services sector which would constitute a reverse takeover under the AIM Rules for Companies (the "Acquisition"). Work is ongoing on the Acquisition and the Company and its advisers are seeking to complete the Acquisition, subject to shareholder approval, as soon as possible. Until binding terms are agreed, there is no guarantee that the Acquisition will ultimately proceed. Further updates will be provided in due course.
Enquiries:
Work Group Simon Howard, Executive Chairman | Tel: +44 (0)20 3700 9210 |
Allenby Capital Limited (Nominated Adviser & Broker) Jeremy Porter James Thomas | Tel: +44 (0)20 3328 5656 |
Related Shares:
INCE.L