LONDON: Empresaria Group plc (AIM: EMR), a global specialist staffing firm, confirmed it has received an unsolicited indicative takeover proposal from Planmatics Limited, a newly formed entity controlled by a consortium of investors.
The consortium — comprising Peter Gregory, Nigel Marsh, and Ashok Vithlani — has proposed to acquire the entire issued and to-be-issued share capital of Empresaria. The offer, subject to funding confirmation and due diligence, includes a two-part payment structure:
- 10 pence per ordinary share in cash upon completion, and
- 50 pence nominal per share in unsecured loan notes, redeemable for cash three years post-completion. These notes would accrue interest at an annual rate of 2.6%, payable at maturity.
The potential acquisition may proceed via a Court-sanctioned scheme of arrangement or a traditional takeover offer. Full terms will be detailed in a formal offer document to shareholders.
On July 2, 2025, Dutch investment firm Ophorst Van Marwijk Kooy Vermogensbeheer N.V. signed a non-binding letter of intent expressing its intention to support the offer. The firm holds 1,638,328 ordinary shares, or approximately 3.29% of Empresaria’s issued share capital.
Combined with previously announced irrevocable undertakings and letters of intent, Planmatics has now secured support from shareholders representing approximately 60.30% of the company’s issued share capital as of July 3, 2025.
Empresaria has not yet made a formal recommendation regarding the offer.