High Court sanctions the cash acquisition of Irish Continental Group

Irish Continental Group said on 10 November 2026 that the High Court of Ireland has sanctioned the scheme of arrangement under Chapter 1 of Part 9 of the Companies Act 2014. The scheme implements the unanimously recommended cash acquisition by Bluefin Bidco Limited of the entire issued and to be issued share capital of Irish Continental Group, other than the Excluded Shares.

The scheme and the acquisition become effective when the court order is delivered to the Registrar of Companies. Irish Continental Group and Bluefin Bidco have agreed that delivery is expected on 20 November 2026. That date is expected to be the last day of trading in ICG units on Euronext Dublin and the London Stock Exchange. Cancellation of the Euronext Dublin listing is expected by 7.00 a.m. on 23 November 2026, and cancellation of the London listing by 8.00 a.m. the same day. All consideration to be paid to scheme shareholders is expected to be distributed by no later than 4 December 2026. The times in the announcement are Dublin time.