Dear client
We have been notified that the boards of WSP Global, WSP UK, and Ricardo are pleased to announce they have reached agreement on the terms of a recommended final* cash acquisition. Under this agreement, WSP UK (or another wholly-owned subsidiary of WSP Global) will acquire the entire issued and to-be-issued share capital of Ricardo, excluding the Ricardo Shares covered by the SG Share Purchase Agreement ("Acquisition").
Under the terms of the Acquisition, Ricardo Shareholders will be entitled to receive, for each Ricardo Share held:
430 pence in cash (the "Final Acquisition Price")
It is expected that, subject to the satisfaction of all relevant conditions, the Scheme currently expected to complete in Q4 2025.
Affected ISIN: GB0007370074
Please see link to the original notification details: https://www.londonstockexchange.com/news-article/RCDO/proposed-adjournment-of-general-meeting/17081885
There are currently no holdings on the platform.
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Kind regards
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