Towergate receives court sanction for Schemes of Arrangement

Towergate is pleased to announce that it has taken another step forward in the group’s restructuring following the sanctioning of the Schemes of Arrangement by the High Court today, with completion anticipated in early April.

As previously stated, there are still a number of legal mechanics to work through before the restructuring becomes effective. This will not affect any of the operating subsidiaries of the Group, all of which will continue to trade in the ordinary course. Towergate will continue to update the market accordingly.

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