RBG Holdings plc (AIM:RBGP) agreed to acquire Business of Memery Crystal LLP from Memery Crystal LLP for £30 million on April 20, 2021. Upon completion, the total consideration for the Acquisition is comprising of £12 million in cash, £11.2 million in RBG shares payable by the issue of 9.7 million RBG ordinary shares of 0.2 pence each representing a deemed price per Consideration Share of £1.15 pence and a further £6.8 million in cash deferred across 12 months. The Group has extended its revolving credit facility to £15 million to assist with and established a new £10 million credit facility to partly finance the cash consideration . The Cash Consideration element of the acquisition is being funded in part through a new £10 million Term Facility. Under the terms of the RCF, partial pay down must occur once every financial year for five days. The Group has also extended its RCF to £15 million to assist with liquidity. RBG is acquiring the net assets of Memery Crystal of £7.1 million. The existing business of Memery Crystal will be transferred into a limited company in exchange for shares issued to the partners. This limited company will be sold to RBG. Completion of the Acquisition is conditional upon regulatory approval. The transaction is expected to be immediately, and materially, earnings and value-enhancing to RBG.