ROCKPOOL ACQUISITIONS PLC

M&A Activity • Jun 10, 2025

National Storage Mechanism | Additional information

RNS Number : 2700M

Rockpool Acquisitions PLC

10 June 2025

Press release	10th June 2025

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014 which is part of domestic UK law pursuant to the Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310) ("UK MAR"). Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Rockpool Acquisitions Plc ("Rockpool" or "the Company")

Update on the potential Reverse Takeover of European Lingerie Group AB ("ELG")

In the Chairman's statement that accompanied the Company's Annual Report and Financial Statements for the period to 31 December 2024 which were announced on 1 May 2025, it was stated that the target for the completion of the acquisition of ELG was then being targeted for early December 2025, but that the Board was concerned that if the fundraising currently being carried out by ELG took longer than was at that point hoped the new target deadline of early December 2025 might become difficult to meet.

The Company yesterday received an update from ELG following the Company's Annual General Meeting, and whilst ELG has been making progress with its current cost-saving and EBITDA-enhancing initiatives, the fundraising is indeed taking longer than had been hoped.  As a result the Board decided to continue the current pause in the Company's work on the transaction for at least another 4 to 6 weeks and now considers that completion is unlikely to take place until the second quarter of 2026.

The Board will update the market further as and when necessary.

-  Ends -

For further information please contact:  

Rockpool Acquisitions Plc	mike@cordovancapital.com
Mike Irvine, Non-Executive Director	www.rockpoolacquisitions.plc.uk

Novella Communications (Financial PR) Tim Robertson	Tel: +44 (0)203 151 7008 timr@novella-comms.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCSFSFISEISEIM