Company: FCFS
Filing Date: 2025-05-14
Form Type: 8-K
Source: 0000840489-25-000067
Chunk: 1

Company: FirstCash Holdings, Inc.
Filing Date: 2025-05-14
Form: 8-K
Item: Item 1.01
Chunk 1
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.7 Announcement. Subject to the satisfaction or waiver of all relevant conditions, it is expected that the Acquisition will be completed in the second half of 2025.

Bidco has reserved the right, subject to the prior consent of the UK Panel on Takeovers and Mergers (and to the terms of the Co-operation Agreement, as defined below), to elect to implement the Acquisition by way of a takeover offer (as such term is defined in the UK Companies Act) (a “ Takeover Offer”).

The foregoing summary of the Rule 2.7 Announcement is subject to, and qualified in its entirety by, the text of the Rule 2.7

Announcement, which is filed as Exhibit 2.1 hereto and incorporated herein by reference.

Co-operation Agreement

On May 14 2025, Bidco and H& T entered into a co-operation agreement (the “ Co-operation Agreement”) in connection with the Acquisition. Pursuant to the Co-operation Agreement, Bidco and H& T agreed to, among other things, cooperate with each other for the purposes of obtaining the required regulatory authorizations to implement the Acquisition. The Co-Operation Agreement also sets out how outstanding options under H& T’s share option scheme will be treated in connection with the Acquisition.

The foregoing summary of the Co-operation Agreement is subject to, and qualified in its entirety by, the text of the Co-operation Agreement, which is filed as Exhibit 2.2 hereto and incorporated herein by reference.

Irrevocable Undertakings

On May 14, 2025, each member of the H& T Board that holds H& T shares delivered to Bidco an irrevocable undertaking (collectively, the “ Director Undertakings”), under which each such director has agreed, among other things, to vote his or her H& T shares in favor of the Scheme and against any proposal that would impede or frustrate the Acquisition. The Director Undertakings represent an aggregate of 249,938 H& T shares, or approximately 0.57% of H& T’s outstanding shares as of May 13, 2025.

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* The financial terms of the acquisition are final and will not be increased or improved, except that Bidco reserves the right to increase the amount of the cash consideration payable by it (i) if there is an announcement on or after the date of the Rule 2.7 Announcement of a possible offer or a firm intention to make an offer for H&