MHA strengthens global reach with UAE acquisition and new share issue

MHA Plc ( (GB:MHA) ) has issued an announcement.

MHA plc has completed the acquisition of Moore Stephens LLC and Moore Stephens Consulting LLC in the UAE, a deal valued at AED 36 million on a cash-free, debt-free basis. The transaction, paid through a mix of cash and 1,993,581 new shares, gives MHA a stronger foothold in a strategically important market and broadens its support for clients across key global trade and investment corridors.

Admission of the new shares to trading on AIM is expected on 10 April 2026, taking MHA’s total ordinary shares in issue to 286,899,495 and confirming its enlarged capital base. The move advances MHA’s international growth strategy by integrating a well-established UAE audit and advisory practice, aligning local expertise with MHA’s wider capabilities to enhance client service and regional growth prospects.

More about MHA Plc

MHA plc is a UK-based professional services group providing audit and assurance, tax, accountancy and advisory services, with an expanding international presence. Following its acquisition of MS UAE, the firm employs over 2,300 people and 157 partners across 37 offices in the UK, Ireland, South-East Europe, the UAE and the Cayman Islands, and represents the Baker Tilly International network in several European markets.

Average Trading Volume: 176,729

Technical Sentiment Signal: Strong Sell

Current Market Cap: £330.3M

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