Source - RNS
RNS Number : 0144K
Hogg Robinson Group PLC
06 April 2018

6 April 2018


Hogg Robinson Group plc

('the Company' or 'the Group')




On 9 February 2018, the boards of Hogg Robinson Group plc and Global Business Travel Holdings Limited ('GBT Holdings') announced that they had reached agreement on the terms of a recommended cash acquisition of the entire issued and to be issued ordinary share capital of the Company by GBT Holdings ('the Acquisition').


In the event that the Acquisition is completed in line with its anticipated timetable, the Company expects that its shares would be de-listed and their admission to trading on the Main Market of the London Stock Exchange be cancelled before the end of the second quarter of 2018.  In these circumstances, the Company does not expect to announce preliminary results for the year ended 31 March 2018 prior to its shares being de-listed.  However, in the event that the Acquisition timetable is extended significantly for any reason, the Company would publish annual financial results, in compliance with its regulatory obligations, before the end of July 2018.






Hogg Robinson Group

+44 (0)1256 312 600

Angus Prentice, Head of Investor Relations

FTI Consulting

+44 (0)20 3727 1340

John Waples

Alex Le May



Notes to Editors


Hogg Robinson Group plc is a major Travel Management Company (TMC) with a worldwide network spanning 120 countries.  Operating at the forefront of New Travel Distribution, HRG is a market leader offering innovative technology, services and solutions for corporate and government clients.

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