KINOVO PLC - Acquistion

Dear client

 The company announce that they have reached agreement on the terms and conditions of a recommended final* cash offer pursuant to which Sure serve will acquire the entire issued and to be issued ordinary share capital of Kinovo.

Kinovo Shareholder will be entitled to receive:

 for each Kinovo Share:  87.5 pence in cash 

The Acquisition Price values the entire issued and to be issued share capital of Kinovo at approximately £56.4 million on a fully diluted basis.

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.

Please see attached the notification received for further information. 

There are no current shareholders on platform. 

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Kind regards