CatalystWireBeta

Update: Formal Sale Process

In brief · summary, not quotable

Checkit plc has appointed EC M&A as Joint Financial Adviser to manage discussions with interested parties as it progresses with its Formal Sale Process, which was initially announced on 26 March 2026. This appointment aims to maintain an efficient and coordinated process for evaluating strategic interest in the company. Shareholders are reminded that this announcement does not constitute a firm intention to make an offer, and there is no certainty that any offers will be made or concluded.

Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your CKT notes

THIS IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "TAKEOVER CODE") AND THERE CAN BE NO CERTAINTY THAT AN OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY OFFER MIGHT BE MADE.

Checkit plc

("Checkit" or the "Company")

Update: Formal Sale Process

Checkit plc (AIM: CKT), the automated monitoring and operational intelligence platform for frontline-led organisations, provides an update to shareholders regarding the Formal Sale Process announced on 26 March 2026.

Further to the announcement of 22 May 2026, the Board has appointed EC M&A as Joint Financial Adviser to manage discussions with interested parties as it progresses with the Formal Sale Process. The appointment reflects the Board's focus on maintaining an efficient and internationally coordinated process as it evaluates strategic interest in the Company.

EC M&A is a US headquartered M&A adviser founded in 1992 specialising in industrial and life science technologies with offices in New York, Chicago, Los Angeles, São Paulo, London, Frankfurt, Paris, Hong Kong and Beijing. Its website may be viewed at: www.ec-ma.com.

Shareholders are advised that this announcement does not represent a firm intention by any person to make an offer under Rule 2.7 of the Takeover Code. Current discussions may be altered, extended or terminated at any time and, accordingly, there can be no certainty that any offers will be made as a result of the Formal Sale Process, that any sale will be concluded, nor as to the terms on which any offer may be made. Shareholders are advised to take no action at this time.

Website publication

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note