Reference to our previous disclosure, Agility would like to announce that, it will purchase, through its fully owned subsidiary “Agility Strategies Holding Limited” up to 12.1 million ordinary shares in John Menzies PLC (“Menzies”), from various different sellers. This represents up to 13.2% of Menzies’ total ordinary shares in issue, at a price of £6.05 per share for a total consideration of up to £73.4 million (around KD 30 million).

Once executed, this will be reflected in the company’s financials as per the accounting treatment approved by the auditors.

 

Sincerely,

Investor Relations Team

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