REG - Vulcan Two Group PLC - Legal Proceedings

Vulcan TwoAnnouncement

Tue 07:00

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RNS Number : 9040C  Vulcan Two Group PLC  05 May 2026

5 May 2026

 Vulcan Two Group plc

(the "Company" or "Vulcan Two")

 

Legal Proceedings

 

Further to the disclosure in the Company's Admission Documents dated 29 August
2025 and 27 February 2026 (the "Admission Documents"), the Company has been
notified that Chrystal Capital Partners LLP ("CC"), a corporate finance and
investment house that previously provided services to the Company's wholly
owned subsidiary, Vulcan Two Limited ("Vulcan Limited"), has issued legal
proceedings against the Company claiming that certain fees related to CC's
engagement letter with Vulcan Limited are payable (the "Claim"). The Claim is
in the amount of approximately £600,000.

 

As noted in the Admission Documents, the Company has obtained legal advice in
relation to its obligations to CC. The Company considers the substance of the
Claim to be baseless and without merit, and will seek to have it dismissed at
the earliest possible opportunity. It is not expected that the defence of the
Claim will involve a material commitment of time by the Directors, nor create
a distraction from the execution of the Company's strategy.

 

The Company will provide further updates as appropriate.

For further information please contact:

 

  Vulcan Two Group plc                                     Email: info@vulcantwo.com (mailto:info@vulcantwo.com)

 Michael Kraftman, Chief Executive Officer

 Brendan O'Brien, Chief Operating Officer

 www.vulcantwo.com (http://www.vulcantwo.com/)
 Canaccord Genuity Limited                                 Tel: +44 (0) 20 7523 8000

(Nominated Adviser and Sole Broker)

 Simon Bridges / Harry Pardoe / Elizabeth Halley-Stott
 Alma Strategic Communications                             Email: vulcantwo@almastrategic.com (mailto:vulcantwo@almastrategic.com)

(Financial PR)

                                                         Tel: +44 (0) 20 3405 0205
 Justine James / Sam Modlin / Will Merison

 

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