Inactive Instrument

RPS GROUP

Equities

RPS

GB0007594764

Bakkavor to replace departing RPS Group in FTSE 250

January 18, 2023 at 04:10 pm EST

RPS Group PLC - London-based professional services firm - will be deleted from the FTSE 250 index and replaced by London-based food manufacturing firm Bakkavor Group PLC effective from January 23.

RPS is currently in the process of being acquired by California, US-based consulting and engineering firm Tectra Tech Inc. Last week, a majority of its shareholders voted in favour of the GBP636.0 million offer. The acquisition of RPS by Tetra Tech was approved in November. RPS said there has been no material change in the timetable of the acquisition, with the final court sanction expected on Thursday.

RPS current stock price: 221.50p

12-month change: up 81%

Bakkavor current stock price: 109.00p

12-month change: down 11%

By Abby Amoakuh, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
FTSE MID 250 INDEX	19,824 PTS	+1.13%	+2.23%	-
TETRA TECH, INC.	192.5 USD	-0.22%	+4.24%	10.29B
BAKKAVOR GROUP PLC	115 GBX	-2.13%	-0.86%	823M

Latest news about RPS GROUP

RPS Group plc Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-21	CI
Tetra Tech Closes RPS Group Acquisition	23-01-24	MT
British Consulting Group RPS Delists From London Bourse After Tetra Tech Takeover	23-01-24	MT
Tetra Tech Completes Acquisition of UK's RPS Group	23-01-23	MT
RPS Group plc Announces Board Changes	23-01-23	CI
RPS Group plc(LSE:RPS) dropped from FTSE 350 Index	23-01-23	CI
RPS Group plc(LSE:RPS) dropped from FTSE 350 (Ex Investment Companies) Index	23-01-23	CI
RPS Group plc(LSE:RPS) dropped from FTSE 250 (Ex Investment Companies) Index	23-01-23	CI
RPS Group plc(LSE:RPS) dropped from FTSE 250 Index	23-01-23	CI
RPS Group plc(LSE:RPS) dropped from FTSE All-Share Index	23-01-23	CI
Tetra Tech, Inc. completed the acquisition of RPS Group plc (LSE : RPS) from M&G Investment Management Limited, The Wellcome Trust Limited, Aberforth Partners LLP, RWC Asset Management LLP, Artemis Investment Management LLP and others.	23-01-22	CI
TRADING UPDATES: Mode Global considers sale; RPS takeover complete	23-01-19	AN
Tetra Tech Acquisition of RPS Group Sanctioned by UK Court	23-01-19	MT
Bakkavor to replace departing RPS Group in FTSE 250	23-01-18	AN
FTSE 100 Closes Down 0.1% Amid AstraZeneca, Unilever Weakness	23-01-17	DJ
Ocado Consensus Estimates Might Drop After Update	23-01-17	DJ
RPS Group fee revenue up; acquisition by Tetra Tech approaches	23-01-17	AN
RPS Group's Q4 FY22 Fee Revenue Grows 17%	23-01-17	MT
RPS Group plc Reports Fee Revenue Results for the Fourth Quarter and Year to Date Ended 31 December 2022	23-01-17	CI
NIIT Acquires Additional 20% Stake in RPS Consulting	22-12-22	MT
Tetra Tech UK's RPS Takeover Receives Foreign Investment Clearances In UK, Australia	22-12-12	MT
UK shareholder meetings calendar - next 7 days	22-11-18	AN
UK shareholder meetings calendar - next 7 days	22-11-17	AN
RPS Group's Acquisition By Tetra Tech Faces Delays Amid Hold On Foreign Investment Clearance	22-11-17	MT
UK shareholder meetings calendar - next 7 days	22-11-16	AN

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Company Profile

RPS Group plc is a United Kingdom-based company, which is engaged in providing professional services. The Company provides services to government and private sector clients. The Company's segments include Energy, Consulting-UK and Ireland, Services-UK and Netherlands, Norway, North America, and Australia Asia Pacific. It offers a range of services, including project and program management, design and development, water services, environment, advisory and management consulting, exploration, and development, planning and approvals, health, safety and risk, oceans and coastal, laboratories, training and communication, creative and digital services. It defines, designs and manages projects. The Company provides services to sectors, including property, energy, transport, defense and government services, water, and resources. The property sector includes residential, commercial, and retail, leisure and tourism, industrial, health and healthcare, education, and data centers.

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