The Ardonagh Group announces the release of a Shareholder Written Resolution
The Ardonagh Group announces the release of a Shareholder Written Resolution relating to the completion of its acquisition of Nevada Investment Holdings 2 Limited (“Nevada”), the issue of CECs as consideration for such acquisition together with consequential steps and a Group reorganisation re-positioning the subsidiaries of Nevada within the Group. The Written Resolution also authorises the amendment of certain provisions in the Articles of Association of the Company following the amendment of its Shareholder Agreement dated 27 December 2018.
Notes to Editors
THE ARDONAGH GROUP
The Ardonagh Group is the UK’s largest independent insurance broker with global reach. We are a network of over 100 office locations and a workforce of almost 6,000 people. The Ardonagh Group was created in June 2017, bringing together Autonet, Chase Templeton, Direct Group, Price Forbes and Towergate, with the additional acquisitions of Healthy Pets in August 2017, and Carole Nash and Mastercover announced in December 2017. Our understanding of the communities we serve, together with our scale and breadth, allows us to work with our insurer partners to deliver solutions that meet our customer needs.
Investor Relations Contact
Karen Noakes - Corporate Finance and Investor Relations Director
Email: karen.noakes@ardonagh.com
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Ardonagh continues European expansion with majority shareholding in Private Insurance Assuradeuren and Private Insurance Nederland
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