Scheme document published for the £232 million Recommended Acquisition of Ramsdens Holdings by FirstCash
July 2026
Ramsdens Holdings PLC is an LSE AIM listed growing, diversified, financial services provider and retailer, operating in the four core business segments of foreign currency exchange, pawnbroking loans, precious metals buying and selling and retailing of second hand and new jewellery.
Headquartered in Middlesbrough, and from roots that can be traced back to the 1970s, the Group operates from over 165 stores within the UK (including 1 franchised store) and has a growing online presence.
Ramsdens is fully FCA authorised for its pawnbroking and credit broking activities.
FirstCash Holdings, Inc. a Nasdaq listed leading international pawnbroking and consumer finance company headquartered in Fort Worth, Texas.
It operates more than 3,300 pawn stores across the United States, Latin America and the United Kingdom, providing collateral-backed pawn loans and buying and selling second-hand jewellery, electronics, tools and other consumer goods.
Through its American First Finance subsidiary, it also offers lease-to-own and point-of-sale financing solutions for retailers.
On 23 June 2026, the boards of directors of Chess Bidco Limited (Bidco), an indirect wholly owned subsidiary of FirstCash and Ramsdens announced that they had reached an agreement on the terms of a recommended cash acquisition, pursuant to which Bidco will acquire the entire issued and to be issued share capital of Ramsdens to be implemented by means of a scheme of arrangement under Part 26 of the Companies Act 2006.
On 16 July 2026, the boards further announced the terms of a revised offer declared as Final.
Publication of Scheme document
Having helped Ramsdens with the production of their admission document when they floated on AIM back in February 2017, the Perivan shareholders communications team was delighted to work with Cavendish who acted as Financial Adviser, Nominated Adviser and Broker and Rule 3 Adviser and Addleshaw Goddard who acted as Legal Adviser to Ramsdens on the Scheme and associated documents which were successfully published and posted to qualifying shareholders on 17 July 2026.
For further information, click here.
Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader for the production of documentation relating to Mergers & Acquisitions.