Irish Continental Group shareholders approve takeover scheme as court date set

Shareholders of Irish Continental Group, public limited company have approved a scheme of arrangement that will transfer the entire issued share capital of the company to Bluefin BidCo Limited. The resolutions were passed at meetings of shareholders convened by the company’s Independent Directors and held on 10 September 2026, and the company will now apply to the High Court of Ireland for an order sanctioning the scheme. The notice was published in Iris Oifigiúil No. 81 of 9 October 2026 under reference [C-1].

The scheme is proposed under Part 9, Chapter 1 of the Companies Act 2014, the statutory route by which an Irish company may be acquired through a court-approved arrangement with its shareholders rather than a conventional offer. The notice is given pursuant to Section 453(2)(b) of that Act, which requires the company to advertise the passing of the resolutions. The proceedings are also brought in the matter of the Irish Takeover Panel Act 1997, the framework governing takeovers of Irish public companies. Irish Continental Group, public limited company is registered in Ireland under company number 41043.

Court application and hearing date

The company will apply to the High Court of Ireland pursuant to Section 453(2)(c) of the Companies Act 2014 for an order sanctioning the scheme. The application will be brought by way of a single originating notice of motion and will be heard in the Commercial List of the High Court of Ireland at 11.00am (GMT) on 10 November 2026. Information on the hearing, including any change in its date, will be advertised on the company’s website, www.icg.ie.

Deadlines for objectors and creditors

Any interested party intending to appear at the sanction hearing must give notice of that intention to the company’s solicitors, A&L Goodbody LLP, by email addressed to Hannah Shaw at hshaw@algoodbody.com. The deadline is 5.30pm (GMT) on Friday, 23 October 2026. Any affidavit evidence that an interested party intends to rely on at the hearing must be filed with the Central Office of the High Court of Ireland and served on A&L Goodbody LLP by that same time and date.

Key dates in the process:

• 10 September 2026 — meetings of shareholders convened by the Independent Directors approve the scheme.
• 23 October 2026, 5.30pm (GMT) — deadline to notify an intention to appear and to file and serve affidavit evidence.
• 10 November 2026, 11.00am (GMT) — sanction hearing in the Commercial List of the High Court of Ireland.
• 9 October 2026 — date of the published notice.

Documents available to interested parties

A copy of the originating notice of motion and the supporting affidavit may be obtained from the company’s solicitors, A&L Goodbody LLP, 25 North Wall Quay, Dublin 1, upon request made by email addressed to Hannah Shaw. The notice is signed by A&L Goodbody LLP as solicitors for Irish Continental Group, public limited company.

The sanction hearing is the decisive step in the transaction: once the High Court of Ireland approves the scheme, the entire issued share capital of Irish Continental Group, public limited company passes to Bluefin BidCo Limited. For shareholders, creditors and other interested parties, the 23 October deadline is the last practical opportunity to be heard before the court rules.

Source: Iris Oifigiúil, No. 81, 9 October 2026, Section I (official reference: [C-1]).