WH Ireland confirms indicative all-share offer approach from TEAM plc

TEAM

WH Ireland plc (LON:WHI) has noted the press speculation and confirms that it has received an indicative, non-binding proposal from TEAM plc (LON:TEAM) relating to a possible all-share offer for the entire issued and to be issued share capital of the Company at exchange ratio of 0.195 Team shares per WH Ireland share.

The Board of WH Ireland is evaluating the Possible Offer, together with its financial and legal advisers, and a further announcement will be made as and when appropriate. There can be no certainty that an offer will be made, nor as to the terms of any such offer.

In accordance with Rule 2.6(a) of the Code, Team must, by not later than 5.00 p.m. on 10 December 2025, either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code.

WH Ireland confirms that this announcement has been made without the consent of TEAM Plc.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

AI infrastructure becomes a key focus for market-minded investors

Artificial intelligence continues to reshape market leadership, with investor focus moving towards the infrastructure companies powering long-term adoption.

TEAM recognition builds confidence in its cautious investment approach

TEAM’s first-place Defaqto ranking strengthens the case for its cautious model portfolio approach among advisers and professional investors seeking risk-managed investment solutions.

Semiconductor weakness points to a broader market test

Semiconductor pressure, stronger employment data and shifting rate expectations are encouraging investors to reassess concentration risk and look for broader market leadership.

AI leadership keeps investors focused on market resilience

AI infrastructure, narrow market leadership and upcoming US jobs data remain central to investor positioning as markets extend their recent momentum.

A more disciplined international advice model takes shape

A more selective international advice model is emerging, with Team positioning governance, adviser ownership and operational strength as key factors for long-term investor relevance.

Rising bond yields challenge equity optimism

Bond yields are challenging equity optimism as higher rates, stretched valuations and AI-led spending raise the bar for future returns.

Search