Peel Group Reaches 75% Stake in Harworth, Plans Delisting
Key Facts
Peel Group has increased its stake in Harworth to 75%, paving the way for the company's delisting from the stock exchange. Investing.com reported that this milestone allows the group to move forward with plans to take the company private.
The increase in ownership grants Peel Group the necessary power to pass special resolutions required for delisting under applicable regulations. This transition is expected to impact the public trading and liquidity of the shares as the company moves toward private ownership.
Latest Updates · 1
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Update: Harworth Group officially announced the delisting of its shares from the London Stock Exchange on October 14, 2026. This move confirms the transition toward private ownership following Peel Group's acquisition of a majority stake.