January 23, 2018 9:42 AM ET

Healthcare Providers and Services

Company Overview of Animalcare Group plc, Prior to Reverse Merger with Ecuphar NV/SA

Company Overview

As of July 13, 2017, Animalcare Group plc was acquired by Ecuphar NV/SA, in a reverse merger transaction. Animalcare Group plc, together with its subsidiary, Animalcare Ltd, develops and sells generic veterinary medicines and animal identification products to companion animal veterinary markets in the United Kingdom and internationally. It offers goods and services to veterinary professionals. Animalcare Group plc was incorporated in 1972 and is headquartered in York, the United Kingdom.

10 Great North Way

Unit 7

York Business Park

Nether Poppleton

York,  YO26 6RB

United Kingdom

Founded in 1972

Phone:

44 19 0448 7687

Fax:

44 19 0448 7611

Key Executives for Animalcare Group plc, Prior to Reverse Merger with Ecuphar NV/SA

Animalcare Group plc, Prior to Reverse Merger with Ecuphar NV/SA does not have any Key Executives recorded.

Animalcare Group plc, Prior to Reverse Merger with Ecuphar NV/SA Key Developments

Animalcare Group plc Announces Executive Changes

Animalcare Group plc announced that at its General Meeting held on 12 July 2017, in connection with the Placing, the waiver of Rule 9 of the Takeover Code and the acquisition of Ecuphar NV was approved. The company can further update that the following changes to the board changes will take effect conditional on and from Admission. Jan Boone (Non-executive Chairman), Chris Cardon, (Chief Executive Officer), Walter Beyers (Chief Financial Officer), Edwin Torr (senior independent Non-executive Director) and Marc Coucke (Non-executive Director) have been appointed as Directors; Iain Menneer will remain a Director and his role within the Group will change to Chief Operating Officer; James Lambert will step down as Chairman but will remain on the Board as a Non-executive Director; Lord Nick Downshire will remain on the Board as a Non-executive Director; Chris Brewster will resign as a Director but will remain a critical and committed member of the senior management team as Country Manager of the Enlarged Group's UK business; and Raymond Harding will resign as a Director.

Animalcare Group plc, Annual General Meeting, Jul 12, 2017

Animalcare Group plc, Annual General Meeting, Jul 12, 2017, at 09:00 Coordinated Universal Time. Location: Squire Patton Boggs (UK) LLP at 7 Devonshire Square London United Kingdom

Animalcare Group plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2016; Declares Interim Dividend for the Six Months Ended December 31, 2016, Payable on April 21, 2017

Animalcare Group plc reported unaudited consolidated earnings results for the six months ended December 31, 2016. For the period, the company reported revenue of £7.968 million against £7.114 million a year ago. Operating profit was £1.845 million against £1.494 million a year ago. Profit before tax was £1.847 million against £1.528 million a year ago. Total comprehensive income for the period was £1.583 million or 7.4 pence per diluted share against £1.278 million or 6.0 pence per diluted share a year ago. Net cash flow from operating activities was £1.236 million against £1.798 million a year ago. Payments to acquire intangible assets were £0.568 million against £0.598 million a year ago. Payments to acquire property, plant and equipment was £0.007 million against £0.034 million a year ago. Underlying operating profit was £1.90 million against £1.55 million a year ago. Underlying EBITDA was £2.12 million against £1.68 million a year ago. Basic underlying EPS was 7.8 pence against 6.2 pence a year ago. The Board announced an 11.1% increase in the interim dividend to 2.0 pence per share (2015: 1.8 pence per share) reflecting the continued confidence in the growth prospects of the Group. The interim dividend will be paid on April 21, 2017 to shareholders on the register on April 7, 2017. The Ordinary shares will become ex- dividend on April 6, 2017.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 23, 2017
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