Scheme document published for the £56.4 million Recommended Cash Acquisition by Sureserve for Kinovo
May 2025
Kinovo is an LSE AIM listed Company that provides specialist property services to social housing registered providers, housing associations and local authorities, ensuring safety, compliance, and sustainability. Through expert property maintenance, it supports clients in meeting strict regulatory requirements while delivering energy-efficient and future-proof solutions
Sureserve is also an LSE AIM listed Company and is one of the UK’s leading energy and compliance services providers, and pioneering end-to-end energy transition planning, delivers a range of essential and affordable heating, renewables, energy efficiency and compliance solutions to social housing and the public sector including a number of Local Authorities and housing associations across the UK.
On the 14th May, 2025, the boards of Kinovo and Sureserve announced that they had reached agreement on the terms of a recommended final cash offer pursuant to which Sureserve will acquire the entire issued and to be issued ordinary share capital of Kinovo, with acquisition being implemented by means of a Court sanctioned scheme of arrangement under Part 26 of the Companies Act 2006.
Publication of the Scheme Document
The Perivan shareholder communications team was delighted to work with Kinovo and Dorsey & Whitney who acted as Legal Adviser on the Scheme and associated documents, which were successfully published and posted to qualifying shareholders on 23rd May 2025.
For more 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.
