Ramsdens Holdings (RFX): Offer for the company
This situation live
RFX Ramsdens Holdings
23 Jun 2026 · offer · 609p · +12% until the next step
The terms of the Acquisition value the entire issued and to be issued share capital of Ramsdens at up to approximately £206 million on a fully diluted basis.
16 Jul 2026 · offer · 684p · +0% until the next step
The Ramsdens Directors continue to recommend unanimously that Scheme Shareholders vote in favour of the Scheme at the Court Meeting.
17 Jul 2026 · offer · +0% until the next step
the Ramsdens Directors unanimously recommend that Scheme Shareholders vote in favour of the Scheme at the Court Meeting
1 Sep 2026 · approved · 8.2% below the offer · −5% since
FirstCash currently envisages drawing down funds under its US revolving unsecured credit facility prior to the Effective Date to permit Bidco to finance the Acquisition and to pay related fees and exp
Offer for the company
approved · 8.2% below the offer
Offer684p in cash
Premium+51% on 452.5p
Spread now+8.2% to the offer
Boardopposes
BidderChess Bidco
As of 1 Sep 2026 ↗
Next: scheme expected to become effective the second half of 2026
Every step · 5
- 23 Jun 2026 offer · 609p – The terms of the Acquisition value the entire issued and to be issued share capital of Ramsdens at up to approximately £206 million on a fully diluted basis. ↗
- 16 Jul 2026 offer · 684p – The Ramsdens Directors continue to recommend unanimously that Scheme Shareholders vote in favour of the Scheme at the Court Meeting. ↗
- 17 Jul 2026 offer – the Ramsdens Directors unanimously recommend that Scheme Shareholders vote in favour of the Scheme at the Court Meeting ↗
- 10 Aug 2026 approved – the requisite majorities of Scheme Shareholders voted in favour of the resolution to approve the Scheme at the Court Meeting and the requisite majority of... ↗
- 1 Sep 2026 approved · 8.2% below the offer – FirstCash currently envisages drawing down funds under its US revolving unsecured credit facility prior to the Effective Date to permit Bidco to finance the... ↗
What is happening
Ramsdens Holdings: Offer for the company – approved · 8.2% below the offer. ['approved']
- In short
- Ramsdens agreed a recommended 600p cash offer from FirstCash's Bidco on 23 June 2026, raised on 16 July 2026 to a final 675p. Shareholders approved the Scheme on 10 August 2026 and FCA approval was given on 31 July. The 12 October 2026 pre-close update says the process is ongoing, subject to CMA approval. CMA and Court remain.
- Announced
- 23 Jun 2026 · offer · 609p
- Latest
- 1 Sep 2026 · offer
- FCA
- Change in Control approval given 31 July 2026
- Remaining conditions
- CMA Condition and Court sanction of the Scheme at the Court Sanction Hearing
- Timetable
- Parties aim to complete by end of H2 2026; Long Stop Date 31 December 2026
- Offer status
- Final 675p cash offer, which will not be increased except in the limited cases the announcement sets out
- Offer
- Final 675p cash offer, raised from 600p on 16 July 2026
- Shareholder vote
- Scheme approved at both meetings on 10 August 2026; 95.62% of Scheme Shares voted in favour at Court Meeting
- Conditions left
- CMA Condition and Court sanction of the Scheme
- Profit estimate
- FY26 PBT £32m-£35m treated as Rule 28 profit estimate; Panel dispensation granted
What comes next
scheme expected to become effective the second half of 2026.
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Also at Ramsdens Holdings
Ramsdens is a growing, diversified, financial services provider and retailer, operating in the four core business segments of foreign currency exchange, pawnbroking loans, precious metals buying and selling and retailing of second hand and new jewellery.
Ramsdens Holdings – company page →