M D Barnard & Co Ltd. entered into non-legally binding heads of agreement to acquire Baskerville Capital PLC (LSE:BASK) for £11.2 million in a reverse merger transaction on January 27, 2020. M D Barnard & Co Ltd. entered into an agreement to acquire Baskerville Capital PLC from sellers in a reverse merger transaction on January 21, 2021. Baskerville Capital PLC will issue 323 million shares new ordinary shares for 4 pence each equating to £12.9 million to M D Barnard & Co Ltd. The issued equates to 79% stake of combined company. The consideration will comprises of issuance of shares of Baskerville Capital PLC. In a related transaction, Baskerville Capital PLC acquired 7.8% in M D Barnard & Co Ltd. and also agreed to subscribe new shares in M D Barnard & Co Ltd. hence. After the completion of transaction, Baskerville Capital PLC would be renamed as Oberon Investments Group Plc. The shares would be listed in Aquis Stock Exchange. Rodger Sargent and Derek Kehoe will resign as directors, The Hon Robert Hanson, Proposed Non-Executive Chairman, Simon Philip McGivern, Proposed Chief Executive Officer, The Hon Alexander Robert Hambro, Proposed Non-Executive Director and John Geoffrey Beaumont, Proposed Finance Director. The deal is subject to legal, financial and other due diligence, entry into a legally binding agreement, approval of shareholders of Baskerville Capital PLC, approval of financial conduct authority and completion of subscription for purpose of working capital of combined company. As of February 8, 2021, the shareholders of Baskerville Capital PLC has approved the acquisition. As reported on July 8, 2020, following progress over the last few weeks, it is now expected the proposed acquisition will be completed before the end of third quarter of 2020. As of January 21, 2021, the transaction is expected to be completed by February 9, 2021. Richard Potts and Daphne Zhang of Novum Securities Limited acted as financial advisor to Baskerville Capital PLC. M D Barnard & Co Ltd. completed the acquisition of Baskerville Capital PLC (LSE:BASK) in a reverse merger transaction on February 9, 2021. Name of M D Barnard & Co Ltd. will be now changed to Oberon Investments Group plc.