Workspace Group plc completed the acquisition of McKay Securities Plc from Aberforth Partners LLP, The Iain Mckay Discretionary Grandchildren's Trust, Sutherland Securities Ltd, TR Property Investment Trust plc managed by BMO Investment Business Limited, Smith & Williamson Nominees Limited and other shareholders.
Workspace Group plc (LSE:WKP) completed the acquisition of McKay Securities Plc (LSE:MCKS) from Aberforth Partners LLP, The Iain Mckay Discretionary Grandchildren's Trust, Sutherland Securities Ltd, TR Property Investment Trust plc (LSE:TRY) managed by BMO Investment Business Limited, Smith & Williamson Nominees Limited and other shareholders on May 6, 2022. On 4 May 2022, McKay announced that the High Court of Justice in England and Wales had sanctioned the Scheme at the Court Sanction Hearing held on that date. McKay duly announces that, as of the Scheme becoming effective earlier today, Richard Grainger, Jonathan Austen, Helen Sachdev, Jeremy Bates and Nicholas Shepherd have resigned and stepped down from the McKay Board. Simon Perkins, Giles Salmon and Thomas Elliott will remain on the McKay Board, together with Graham Clemett and David Benson who have been appointed to the McKay Board as of the Scheme becoming Effective earlier today.