Street Calls of the Week
LONDON - Epwin Group plc shareholders have voted in favor of the company’s acquisition by Laumann Group UK Limited, a wholly-owned indirect subsidiary of Laumann Stiftung & Co. KG, according to a press release statement issued Thursday.
At meetings held on Thursday, Epwin shareholders passed all resolutions related to the cash acquisition with significant majorities. At the Court Meeting, 99.13% of shares voted were cast in favor of the scheme, representing 74.07% of all eligible scheme shares. The special resolution at the General Meeting also received 99.13% approval.
The acquisition, first announced on August 7, 2025, will be implemented through a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act.
With shareholder approval secured, the transaction now requires Court sanction at a hearing expected to take place on October 13, 2025. If approved, the scheme is anticipated to become effective on October 15, 2025.
Trading of Epwin shares on AIM is expected to be canceled on the effective date, with the last day of dealings likely to be October 14, 2025, after which the shares will be temporarily suspended from the London Stock Exchange.
Houlihan Lokey UK Limited is serving as financial adviser to Laumann and Laumann UK, while Shore Capital is acting as financial adviser and Rule 3 adviser to Epwin.
The scheme document containing full details of the acquisition was published and distributed to Epwin shareholders on August 29, 2025.
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