Business
Update: Formal Sale Process
Checkit plc has appointed EC M&A as Joint Financial Adviser to manage discussions with interested parties as it progresses with its Formal Sale Process, which was initially announced on 26 March 2026. This appointment aims to maintain an efficient and coordinated process for evaluating strategic interest in the company. Shareholders are reminded that this announcement does not constitute a firm intention to make an offer, and there is no certainty that any offers will be made or concluded. Disclaimer*
About this update from Checkit Plc
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. THIS IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "TAKEOVER CODE") AND THERE CAN BE NO CERTAINTY THAT AN OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY OFFER MIGHT BE MADE. 1 June 2026 Checkit plc ("Checkit" or the "Company") Update: Formal Sale Process Checkit plc (AIM: CKT), the automated monitoring and operational intelligence platform for frontline-led organisations, provides an update to shareholders regarding the Formal Sale Process announced on 26 March 2026. Further to the announcement of 22 May 2026, the Board has appointed EC M&A as Joint Financial Adviser to manage discussions with interested parties as it progresses with the Formal Sale Process. The appointment reflects the Board's focus on maintaining an efficient and internationally coordinated process as it evaluates strategic interest in the Company. EC M&A is a US headquartered M&A adviser founded in 1992 specialising in industrial and life science technologies with offices in New York, Chicago, Los Angeles, São Paulo, London, Frankfurt, Paris, Hong Kong and Beijing. Its website may be viewed at: www.ec-ma.com. Shareholders are advised that this announcement does not represent a firm intention by any person to make an offer under Rule 2.7 of the Takeover Code. Current discussions may be altered, extended or terminated at any time and, accordingly, there can be no certainty that any offers will be made as a result of the Formal Sale Process, that any sale will be concluded, nor as to the terms on which any offer may be made. Shareholders are advised to take no action at this time. For further information, please contact: Enquiries: Checkit plc +44 (0) 1223 643313 www.Checkit.net Kit Kyte (Chief Executive Officer) Kris Shaw (Chief Financial Officer) Singer Capital Markets (Financial Adviser, Nominated Adviser & Broker) +44 (0) 20 7496 3000 Shaun Dobson / Peter Steel / James Fischer Yellowstone Advisory (Investor Relations) +44 (0) 203 951 8907 Alex Schlich [email protected] &nbs...