NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION
FOR IMMEDIATE RELEASE
4 August 2025
RECOMMENDED CASH ACQUISITION
of
POD POINT GROUP HOLDINGS PLC ("POD POINT")
by
EDF ENERGY CUSTOMERS LIMITED ("EDF")
DE-LISTING AND CANCELLATION OF TRADING
Further to the announcement on 1 August that the Scheme relating to the acquisition of Pod Point by EDF had become Effective, Pod Point confirms that, following applications made on behalf of Pod Point, the FCA has cancelled the listing of Pod Point Shares on the equity shares (commercial companies) category of the Official List and the London Stock Exchange has cancelled the trading of Pod Point Shares on its main market for listed securities, in each case with effect from 8.00 a.m. today, 4 August 2025.
Capitalised terms used but not defined in this announcement have the meanings given to them in the scheme document published on 25 June 2025 (the "Scheme Document"). Full details of the Acquisition are set out in the Scheme Document.
All references to times in this announcement are to London, United Kingdom time.
Enquiries:
| EDF |
+44 (0) 1452 652 233 / media@edfenergy.com |
| EDF Media Team |
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| Barclays Bank PLC (Financial Adviser to EDF) |
+44 (0) 20 7623 2323 |
| Iain Smedley Adrian Beidas Neal West Ghislain De Brondeau Akshay Majithia |
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| Pod Point |
+44 (0) 20 3100 2000 |
| Melanie Lane, Chief Executive Officer Michael Jay, Acting Chief Financial Officer Phil Clark, Investor Relations |
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| Panmure Liberum (Sole Financial Adviser, Sole Rule 3 Adviser and Joint Corporate Broker to Pod Point) |
+44 (0) 20 3100 2000 |
| Stephen Jones Tim Medak Edward Mansfield Amrit Mahbubani |
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| Canaccord Genuity (Joint Corporate Broker to Pod Point) |
+44 (0) 20 7523 8150 |
| Bobbie Hilliam Harry Pardoe |
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| Teneo (Media) |
+44 (0) 20 7353 4200 |
| Matt Low Arthur Rogers |
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Clifford Chance LLP is acting as legal adviser to EDF.
Freshfields LLP is acting as legal adviser to Pod Point.
Important notices about financial advisers
Barclays Bank PLC , acting through its Investment Bank ("Barclays"), which is authorised by the Prudential Regulation Authority and regulated in the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Authority, is acting exclusively for EDF and no ‑ one else in connection with the matters described in this announcement and will not be responsible to anyone other than EDF for providing the protections afforded to clients of Barclays nor for providing advice in relation to the matters set out in or referred to in this announcement.
In accordance with the Takeover Code, normal United Kingdom market practice and Rule 14e-5(b) of the US Exchange Act, Barclays and its affiliates will continue to act as exempt principal trader in Pod Point securities on the London Stock Exchange. These purchases and activities by exempt principal traders which are required to be made public in the United Kingdom pursuant to the Takeover Code will be reported to a Regulatory Information Service and will be available on the London Stock Exchange website at www.londonstockexchange.com .
Panmure Liberum Limited ("Panmure Liberum"), which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively as Sole Financial Adviser, Sole Rule 3 Adviser and Joint Corporate Broker to Pod Point and no one else in connection with the Acquisition and the matters and arrangements set out in this announcement. Panmure Liberum will not regard any other person as its client in relation to the Acquisition or any other matter or arrangement set out in this announcement and will not be responsible to anyone other than Pod Point for providing the protections afforded to clients of Panmure Liberum, nor for providing advice in relation to the Acquisition or any other matter or arrangement referred to in this announcement. Neither Panmure Liberum nor any of its affiliates (nor their respective directors, officers, employees or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, consequential, whether in contract, in tort, in delict, under statute or otherwise) to any person who is not a client of Panmure Liberum in connection with the Acquisition, this announcement, any statement contained herein or otherwise. No representation or warranty, express or implied, is made by Panmure Liberum as to the contents of this announcement.
Canaccord Genuity Limited ("Canaccord Genuity"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively for Pod Point and for no-one else in connection with the matters referred to in this announcement and will not be responsible to any person other than Pod Point for providing the protections afforded to clients of Canaccord Genuity, nor for providing advice in relation to the matters referred to herein. Neither Canaccord Genuity nor any of its affiliates (nor any of its or their respective directors, officers, employees, representatives or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Canaccord Genuity in connection with the matters referred to in this announcement, or otherwise.
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