An anonymous director reports
HELIOS FAIRFAX PARTNERS CORPORATION PROVIDES UPDATE WITH RESPECT TO OFFER FOR CAB PAYMENTS HOLDINGS PLC
The Helios Fairfax Partners Corp. consortium has noted the announcement on April 16, 2026, by CAB Payments Holdings PLC that it has received a non-binding proposal from StoneX Group Inc. relating to a possible offer at a final price of 110 pence per share in cash. The StoneX proposal is subject to the satisfaction or waiver of a number of preconditions, including the receipt by StoneX of an irrevocable undertaking from the Helios consortium.
The Helios consortium confirms it has carefully evaluated the StoneX proposal and concluded that it will not provide such an irrevocable undertaking or otherwise support or accept the StoneX proposal relating to a possible offer at a final price of 110 pence per share in cash.
The Helios consortium continues to work toward the satisfaction of the regulatory conditions set out in the Helios offer announcement.
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