Bluefin Bidco Limited has received an additional irrevocable undertaking from John Gallagher to vote in favor of its recommended cash offer for Irish Continental Group, plc. The undertaking covers 3,594,264 ICG shares, representing approximately 2.4% of the existing issued ordinary share capital. Combined with previously announced undertakings from independent directors and Belfry, Bidco now holds irrevocable commitments totaling 8,397,014 shares, or about 5.7% of ICG's issued share capital as of July 29, 2026. The undertaking will lapse under certain conditions, including the emergence of a superior takeover proposal offering at least 10% more per share unless Bidco matches it within five business days.
Bluefin Bidco secures additional irrevocable undertaking, increasing its committed support for the takeover offer.
