**Summary**
Alpha Group International PLC and Corpay, Inc. have announced an update on the regulatory conditions for their recommended cash acquisition, which was initially agreed upon on July 23, 2025. The acquisition, to be executed through a Court-approved scheme of arrangement, has received necessary shareholder approvals and regulatory clearances from the FCA, MFSA, and the Italian FDI Authority. The companies now expect to complete the acquisition by the end of October 2025, with the Court Hearing scheduled for October 28, 2025, and the Effective Date anticipated on October 31, 2025.
Key points include
1. **Regulatory Approvals**All necessary regulatory approvals have been obtained, clearing the way for the acquisition to proceed.
2. **Timetable**The updated timetable outlines key dates, including the Court Hearing on October 28, 2025, and the Effective Date on October 31, 2025.
3. **Shareholder Actions**Last day of dealings in Alpha Shares is October 29, 2025, with suspension of listing and dealings at 6:00 p.m. on the same day.
4. **Post-Acquisition Actions**Cancellation of Alpha shares listing is expected on November 3, 2025, and dispatch of cheques/settlement through CREST will occur within 14 days after the Effective Date.
5. **Legal and Advisory Details**Legal advisers, financial advisers, and corporate brokers involved in the transaction are listed, along with their roles and contact details.
6. **Important Notices**The announcement includes disclaimers regarding forward-looking statements, profit forecasts, and compliance with regulatory requirements, particularly for overseas shareholders and those subject to sanctions.
7. **Availability of Information**The announcement and related documents are available on Alphas and Corpays websites, with hard copies available upon request.
The acquisition remains subject to the satisfaction or waiver of remaining conditions, and shareholders are advised to seek independent financial advice if uncertain about the contents of the announcement.
| Metric | Year 2023 | Year 2024 | Change |
|---|---|---|---|
| Revenue | $X | $Y | $Z |
| Debt | $A | $B | $C |