21.08.2019 MBH Corporation Plc  GB00BF1GH114

DGAP-Adhoc: MBH Corporation acquires Samuel Hobson Care Homes


DGAP-Ad-hoc: MBH Corporation Plc / Key word(s): Investment
MBH Corporation acquires Samuel Hobson Care Homes

21-Aug-2019 / 06:57 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

MBH Corporation acquires Samuel Hobson Care Homes

London, 21 August 2019 - MBH Corporation plc ("MBH"), a diversified investment holding company, is continuing its growth strategy with another acquisition. MBH subsidiary Acacia Training Ltd ("Acacia") will strengthen its portfolio in the UK having signed heads of terms to acquire the business of Samuel Hobson House and associated property assets using MBH stock in an accretive manner. This acquisition will initially be part of the MBH vertical "Education", but has the potential to be established as a new vertical "Health and social care".

Samuel Hobson House is a 3 story 39 bed care home based in Newcastle-under-Lyme, UK, built in 2009. The home specialises in dementia care for service users aged 65+. MBH has agreed to acquire 100% of Samuel Hobson Care Homes with full completion subject to executed legal completion contracts. The value of the assets is expected to be approximately GBP 2 million including the aged care property valued at approximately GBP 1.8 million whilst the expected EBITDA for the financial year ending 31 December 2018 is approximately GBP 145,000. The acquisition is expected to be completed by the end of 2019. The consideration for the acquisition including the freehold real estate asset will be in the range of GBP 2.2 to 2.6 million. 100% of the consideration will be settled by way of issuance of MBH shares. The share price will be the 30 days volume weighted average price on completion date.

Whilst the number of shares to be issued for this acquisition and the previous two acquisitions (Asia Pacific Energy Ventures Pte Ltd and Guildprime Specialist Contracts Ltd) are contingent on the final audits for each of the respective companies, we expect that the total number of MBH shares issued after completion of this acquisition will be between the range of 53 million and 61 million shares.

Information and Explanation of the Issuer to this News:


According to a recent study published by the Competition & Markets authority of the UK government the care homes sector is worth around GBP 15.9 billion a year in the UK, with around 410,000 residents, estimated to have approximately 5,500 different providers in the UK operating 11,300 care homes for the elderly.

Callum Laing, CEO of MBH Corporation plc: 'MBH are excited to be able to provide the resources for Acacia to grow into the care home space through this exciting acquisition of Samuel Hobson House. Small businesses are often unable to take advantage of opportunities such as this, but at MBH we work with each business in the group to identify key opportunities that can help bolster their business and the value to all shareholders.'

Victoria Sylvester, Managing Director of Acacia Training Ltd: 'We are thrilled to have Samuel Hobson House joining us within the Acacia team. Our history is in health and social care having started the business in a care home in 2000, so Samuel Hobson House provides a fantastic alignment and perfectly dovetails into our current structure.'

About MBH

MBH Corporation plc is a diversified investment holding company, listed on the Frankfurt and Dusseldorf Stock Exchanges. The company acquires small to medium enterprises across multiple geographies and sectors that are well established, profitable and looking to scale. By leveraging the Agglomeration strategy, MBH Corporation plc is able to create substantial shareholder value through the consistent, accretive acquisition of excellent companies.


Contacts for IR and media enquiries:

MBH Corporation plc, Charlotte Williams, charlotte@unity-group.com, +44 (0)770 396 3953

Kirchhoff Consult AG, Nicole Schüttforth, nicole.schuettforth@kirchhoff.de, +49 (0)40 609186 64

21-Aug-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: MBH Corporation Plc
Studio 7-9, Royal Patriotic Victoria Building, Joh
SW18 3SX London
United Kingdom
E-mail: fo@mbhcorporation.com
Internet: https://www.mbhcorporation.com/
Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt
EQS News ID: 860557

End of Announcement DGAP News Service

860557  21-Aug-2019 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2013 2014 2015 2016 2017 2018 2019e 2020e
Umsatzerlöse1 0,00 0,00 0,00 0,00 0,00 13,88 0,00 0,00
EBITDA1,2 0,00 0,00 0,00 0,00 0,00 1,75 0,00 0,00
EBITDA-Marge3 0,00 0,00 0,00 0,00 0,00 12,61 0,00 0,00
EBIT1,4 0,00 0,00 0,00 0,00 0,00 1,71 0,00 0,00
EBIT-Marge5 0,00 0,00 0,00 0,00 0,00 12,32 0,00 0,00
Jahresüberschuss1 0,00 0,00 0,00 0,00 0,00 1,38 0,00 0,00
Netto-Marge6 0,00 0,00 0,00 0,00 0,00 9,94 0,00 0,00
Cashflow1,7 0,00 0,00 0,00 0,00 0,00 0,86 0,00 0,00
Ergebnis je Aktie8 0,00 0,00 0.00 0,00 0,00 0,04 0,03 0,02
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2018 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Barnes Roffe

WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2JDGJ 0,477 17,34
KGV 2021e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
15,90 20,71 0,786 9,54
0,52 20,11 1,25 38,387
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
0,00 0,00 0,00 29.05.2019
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
30.09.2019 28.11.2019 30.04.2020
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-25,59% -42,04% -23,68% -64,93%
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu MBH Corporation Plc  ISIN: GB00BF1GH114 können Sie bei DGAP abrufen

Beteiligungen , A2JDGJ , M8H , XETR:M8H