FR EA
1017-00001 · Client 1017 · Closing
closing-checklist.xlsx DOCUMENT Capital Markets
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Contract analysis Extract to table

[sheet: Cover]

FieldValue
TransactionBlock Secondary Offering of 1,500,000 Ordinary Shares of Aurelius Global Media Group PLC
Selling ShareholderCrestwood Venture Partners III, L.P.
Sole Bookrunner / UnderwriterMeridian Zanthor & Co.
IssuerAurelius Global Media Group PLC
Issuer's CounselCalderwood & Harkness LLP
Selling Shareholder's CounselWhitford & Dane LLP
Underwriter's CounselHargreaves Finch LLP
Independent AuditorPemberton & Associates LLP
Transfer Agent & RegistrarContinental Hollowell Asset Advisors
Public Offering Price$32.00 per share
Underwriting discount$0.48 per share (1.5%)
Net Price to Selling Shareholder$31.52 per share
Aggregate Deal Value$48,000,000
Aggregate Net Proceeds to Selling Shareholder$47,280,000
Shares Offered1,500,000 ordinary shares (par value £0.10)
Nasdaq TickerAGMG
CUSIPG0583R 107
ISINGB00BKZM4P19
Registration StatementForm F-3, File No. 333-278415
Pricing DateMarch 12, 2026 (4:15 PM ET)
Prospectus Supplement Filing DeadlineMarch 13, 2026 (Rule 424(b)(7))
Expected Closing / Settlement DateMarch 16, 2026 (T+2)
Lock-Up ExpirationMay 15, 2026 (60 calendar days post-closing)
C&H Matter Number04781.00026
Responsible PartnerTheodore Langston
Billing PartnerVivienne St. Claire
Lead AssociateBrendan Walsh
Working AssociateNatasha Forbes
Governing Law (Block Trade Agreement)State of Delaware
Date of ChecklistMarch 12, 2026 (updated through closing)

[sheet: Closing Checklist]

Item No.

A. TRANSACTION DOCUMENTS

A-1Transaction DocumentsBlock Trade Agreement (Execution Version) — among Crestwood Venture Partners III, L.P. (Selling Shareholder), Meridian Zanthor & Co. (Underwriter), and Aurelius Global Media Group PLC (Issuer); sale of 1,500,000 ordinary shares at $32.00/share; underwriting discount $0.48/share; net proceeds to seller $47,280,000; governed by Delaware lawCalderwood & Harkness LLP / All partiesExecutedMarch 12, 2026March 12, 2026Executed at 4:15 PM ET on March 12, 2026. Originals held by C&H.
A-2Transaction DocumentsLock-Up Agreement — Crestwood Venture Partners III, L.P. (by Crestwood Capital Management LLC, its general partner, acting through Derek Calloway) in favor of Meridian Zanthor & Co.; restricts disposition of remaining 2,750,000 shares for 60 calendar days post-closing (expiring May 15, 2026); customary exceptions for affiliate transfers, pledges under existing credit facilities, and pre-existing 10b5-1 plans (none currently in effect); governed by Delaware lawCalderwood & Harkness LLP / Whitford & Dane LLPExecutedMarch 12, 2026March 12, 2026Executed concurrently with Block Trade Agreement
A-3Transaction DocumentsIssuer Support and Cooperation Letter — side letter dated March 5, 2026 from Aurelius (signed by Jonathan Pryce-Harlow, General Counsel) to Crestwood VP III (Attn: Derek Calloway) confirming issuer cooperation obligations under Section 2.2 of the Registration Rights Agreement dated June 14, 2021 (demand registration #2 of 3); confirms expense allocation (issuer expenses est. $226,496; underwriting discount and W&D fees borne by selling shareholder)Calderwood & Harkness LLPExecutedMarch 5, 2026March 5, 2026Delivered prior to marketing. Cross-references RRA dated June 14, 2021.
A-4Transaction DocumentsRegistration Rights Agreement dated June 14, 2021 (for reference) — between Aurelius and Crestwood VP III; executed at IPO; provides demand registration rights (up to 3 demands; this offering is demand #2) and piggyback rightsN/A (existing agreement)FinalN/AN/AOn file. This offering constitutes demand #2 of 3 permitted under Section 2.2.

B. SEC FILINGS

B-1SEC FilingsRegistration Statement on Form F-3 (File No. 333-278415) — shelf registration statement; filed August 29, 2025; declared effective by SEC September 22, 2025; total shelf capacity at filing $1,500,000,000; prior takedowns $750,000,000 (November 2025 primary offering); remaining capacity pre-offering $750,000,000; remaining capacity post-offering $702,000,000N/A (previously filed)EffectiveN/ASeptember 22, 2025CIK: 0001923487. Confirmed no stop order issued or proceedings initiated or threatened by SEC.
B-2SEC FilingsProspectus Supplement (Rule 424(b)(7)) — supplement to base prospectus under Form F-3; describes offering of 1,500,000 ordinary shares by Crestwood VP III at $32.00/share; includes selling shareholder disclosure (pre-offering: 4,250,000 shares / ~4.49%; post-offering: 2,750,000 shares / ~2.91% of 94,600,000 outstanding shares); plan of distribution (firm-commitment block trade with Meridian Zanthor as sole bookrunner); use of proceeds ($0 to issuer); incorporates by reference Form 20-F for FY 2025 (filed February 28, 2026)Calderwood & Harkness LLP / Meridian Zanthor & Co.FinalMarch 13, 2026Filing deadline: March 13, 2026 per Rule 424(b)(7). To be filed on EDGAR.
B-3SEC FilingsForm 20-F for Fiscal Year Ended December 31, 2025 (incorporated by reference) — filed February 28, 2026; FY 2025 Revenue $1.87 billion; Adjusted EBITDA $312 million; Net Income $147 million; 94,600,000 shares outstanding as of December 31, 2025N/A (previously filed by Aurelius)FiledN/AFebruary 28, 2026Incorporated by reference into the Registration Statement and Prospectus Supplement

C. ISSUER CLOSING DELIVERABLES

C-1Issuer Closing DeliverablesOfficer's Certificate — certificate of Marcus Halford (CEO) and Elena Marchetti (CFO) certifying: (i) reps and warranties true and correct as of closing date; (ii) issuer obligations performed; (iii) no stop order on Form F-3 (File No. 333-278415); (iv) no Material Adverse Effect since most recent financial statementsCalderwood & Harkness LLP (drafting) / Aurelius (execution)FinalMarch 16, 2026To be delivered at closing to Meridian Zanthor & Co.
C-2Issuer Closing DeliverablesCalderwood & Harkness LLP 10b-5 Negative Assurance Letter — addressed to Meridian Zanthor & Co.; covers Registration Statement (as of effective date) and Prospectus Supplement (as of its date and closing date); based on participation in preparation and bring-down due diligence session; signed by Theodore LangstonCalderwood & Harkness LLPFinalMarch 16, 2026Delivered at closing
C-3Issuer Closing DeliverablesCalderwood & Harkness LLP Corporate / Validity Opinion — addressed to Meridian Zanthor & Co.; opines on: (i) due incorporation and valid existence under laws of England and Wales; (ii) corporate power and authority; (iii) due authorization, execution, delivery and enforceability of Block Trade Agreement (subject to customary qualifications); (iv) 1,500,000 shares validly issued, fully paid and non-assessable; (v) Form F-3 effective, no stop order; signed by Theodore LangstonCalderwood & Harkness LLPFinalMarch 16, 2026Delivered at closing
C-4Issuer Closing DeliverablesTransfer Agent Instruction Letter — letter dated March 16, 2026 on Aurelius letterhead to Continental Hollowell Asset Advisors (Attn: Lisa Harmon, VP Corporate Actions, 17 Ashbury Asset Advisors, New York, NY 10004); instructs transfer of 1,500,000 shares (CUSIP G0583R 107) from Crestwood VP III DTC participant account to Meridian Zanthor DTC participant account, free of legend or restriction, upon confirmation of settlement funds receipt; signed by Jonathan Pryce-HarlowCalderwood & Harkness LLP (drafting) / Aurelius (execution)FinalMarch 16, 2026To be delivered to Continental Hollowell Asset Advisors at or prior to closing
C-5Issuer Closing DeliverablesGood Standing Certificate / Certificate of Incorporation on the Register — Companies House confirmation for Aurelius Global Media Group PLC (Companies House No. 10458329), confirming company is on the register and not struck offAurelius / Calderwood & Harkness LLPFinalMarch 16, 2026England and Wales confirmation statement
C-6Issuer Closing DeliverablesSecretary's Certificate — certificate of Jonathan Pryce-Harlow (General Counsel & Company Secretary) attaching certified copies of board resolutions authorizing execution of Block Trade Agreement and issuer cooperation, articles of association, and incumbency of officersCalderwood & Harkness LLP (drafting) / Aurelius (execution)FinalMarch 16, 2026Delivered at closing

D. SELLING SHAREHOLDER CLOSING DELIVERABLES

D-1Selling Shareholder Closing DeliverablesSelling Shareholder Questionnaire and Power of Attorney — completed by Crestwood VP III (signed by Priya Nandakumar, CFO of Crestwood Capital Management LLC, general partner); beneficial ownership: pre-offering 4,250,000 shares, offering 1,500,000 shares, post-offering 2,750,000 shares (~2.91%); reps re: no material relationships with Issuer (other than RRA), no FINRA-affiliated persons; limited POA appointing Jonathan Pryce-Harlow as attorney-in-fact for prospectus supplement and SEC filingsWhitford & Dane LLP / Calderwood & Harkness LLPExecutedMarch 10, 2026March 10, 2026Received prior to marketing. Crestwood VP III EIN: 84-3291056.
D-2Selling Shareholder Closing DeliverablesSelling Shareholder Officer's Certificate — certificate of Derek Calloway (Managing Partner, Crestwood Capital Management LLC, as GP of Crestwood VP III) certifying: (i) reps and warranties in Block Trade Agreement true and correct as of closing; (ii) good title to shares, free of liens; (iii) valid authorizationWhitford & Dane LLP (drafting) / Crestwood VP III (execution)FinalMarch 16, 2026Delivered at closing to Meridian Zanthor
D-3Selling Shareholder Closing DeliverablesSelling Shareholder Legal Opinion (Whitford & Dane LLP) — addressed to Meridian Zanthor & Co.; opines on valid existence of Crestwood VP III, authority of general partner, valid execution and delivery of Block Trade Agreement and Lock-Up AgreementWhitford & Dane LLPFinalMarch 16, 2026Delivered at closing
D-4Selling Shareholder Closing DeliverablesIRS Form W-9 — Crestwood Venture Partners III, L.P.; EIN 84-3291056Whitford & Dane LLP / Crestwood VP IIIFinalMarch 16, 2026Required for settlement

E. UNDERWRITER CLOSING DELIVERABLES

E-1Underwriter Closing DeliverablesHargreaves Finch LLP 10b-5 Negative Assurance Letter — addressed to Meridian Zanthor & Co.; covers Registration Statement and Prospectus Supplement; signed by Catherine Yuen, Lead PartnerHargreaves Finch LLPFinalMarch 16, 2026Underwriter's counsel deliverable
E-2Underwriter Closing DeliverablesMeridian Zanthor & Co. Cross-Receipt — confirmation of receipt of shares and delivery of aggregate purchase price ($47,280,000 net to selling shareholder) less underwriting discount ($720,000)Meridian Zanthor & Co. / Hargreaves Finch LLPFinalMarch 16, 2026DTC delivery vs. payment

F. THIRD-PARTY DELIVERABLES

F-1Third-Party DeliverablesPemberton & Associates LLP Initial Comfort Letter — addressed to Meridian Zanthor & Co.; covering financial data in prospectus supplement and incorporated documents (Form 20-F for FY 2025); delivered at pricing; engagement partner David Kingsley, CPAPemberton & Associates LLPDeliveredMarch 12, 2026March 12, 2026Initial comfort letter delivered at pricing. Fee: $35,000 (borne by Issuer).
F-2Third-Party DeliverablesPemberton & Associates LLP Bring-Down Comfort Letter — addressed to Meridian Zanthor & Co.; bring-down as of closing date; confirms no material changes to financial data since initial comfort letterPemberton & Associates LLPFinalMarch 16, 2026Delivered at closing
F-3Third-Party DeliverablesContinental Hollowell Asset Advisors — DTC Settlement Confirmation — confirmation from transfer agent (Lisa Harmon, VP) that 1,500,000 shares (CUSIP G0583R 107) have been transferred from Crestwood VP III DTC participant account to Meridian Zanthor DTC participant accountContinental Hollowell Asset AdvisorsPendingMarch 16, 2026Transfer agent fee: $2,750 (borne by Issuer)
F-4Third-Party DeliverablesNasdaq Market Notification — confirmation that no issues with continued listing of AGMG ordinary shares on Nasdaq Global Select Market in connection with the offeringAurelius / Calderwood & Harkness LLPFinalMarch 16, 2026Federal covered securities; no blue sky compliance required

G. SETTLEMENT / POST-CLOSING ITEMS

G-1Settlement / Post-ClosingFunds-Flow Wire Instructions — wire transfer instructions for payment of aggregate purchase price from Meridian Zanthor to Crestwood VP III ($47,280,000 net proceeds); underwriting discount retained by Meridian Zanthor ($720,000)Whitford & Dane LLP / Meridian Zanthor & Co.FinalMarch 16, 2026Wire to be initiated on closing date
G-2Settlement / Post-ClosingIssuer Expense Payments — SEC filing fee ($5,246), printing/EDGAR expenses ($8,500 est.), Pemberton comfort letter fee ($35,000), transfer agent fee ($2,750), C&H legal fees (capped at $175,000 plus disbursements); total estimated issuer expenses $226,496Aurelius / Elena Marchetti (CFO)PendingPost-closingPer RRA and Issuer Support Letter; underwriting discount ($720,000) and W&D fees (est. $60,000) borne by selling shareholder
G-3Settlement / Post-ClosingBring-Down Due Diligence Session — Calderwood & Harkness internal memo summarizing videoconference session on March 15, 2026 with Aurelius management (Marcus Halford, Elena Marchetti, Jonathan Pryce-Harlow), Meridian Zanthor (Samantha Reeves), and Hargreaves Finch (Catherine Yuen); confirmed no MAC since Form 20-F filing, no pending litigation, no undisclosed material contracts, no stop order, no MNPI not in prospectus supplementCalderwood & Harkness LLP (Brendan Walsh / Natasha Forbes)FinalMarch 15, 2026March 15, 2026Attorney Work Product / Attorney-Client Privileged. Filed in matter file.
G-4Settlement / Post-ClosingClosing Binder Compilation — compilation of fully executed transaction documents, certificates, opinions, comfort letters, and closing checklist for distribution to all partiesCalderwood & Harkness LLPPendingPost-closingTo be distributed within 10 business days of closing
G-5Settlement / Post-ClosingLock-Up Monitoring — calendar reminder for lock-up expiration on May 15, 2026 (60 calendar days from closing March 16, 2026); Crestwood VP III restricted from disposing of remaining 2,750,000 shares until expirationCalderwood & Harkness LLP / Meridian Zanthor & Co.PendingMay 15, 2026Lock-up exceptions: affiliate transfers, pledges under existing credit facilities, pre-existing 10b5-1 plans (none in effect)

[sheet: Key Contacts]

Party / RoleEntityContact NameTitleAddressNotes
Issuer — CEOAurelius Global Media Group PLCMarcus HalfordChief Executive Officer45 Broadwick Street, London W1F 9BN, United KingdomOfficer's Certificate signatory
Issuer — CFOAurelius Global Media Group PLCElena MarchettiChief Financial Officer45 Broadwick Street, London W1F 9BN, United KingdomOfficer's Certificate signatory; expense payments
Issuer — General CounselAurelius Global Media Group PLCJonathan Pryce-HarlowGeneral Counsel & Company Secretary45 Broadwick Street, London W1F 9BN, United KingdomTransfer agent instruction letter signatory; POA appointee; Secretary's Certificate
Issuer's Counsel — Responsible PartnerCalderwood & Harkness LLPTheodore LangstonResponsible Partner, Capital MarketsOne Liberty Plaza, 50th Floor, New York, NY 10006Signatory on 10b-5 letter and corporate/validity opinion
Issuer's Counsel — Billing PartnerCalderwood & Harkness LLPVivienne St. ClaireBilling Partner, Capital MarketsOne Liberty Plaza, 50th Floor, New York, NY 10006Fee cap: $175,000 plus disbursements
Issuer's Counsel — Lead AssociateCalderwood & Harkness LLPBrendan WalshLead Associate, Capital MarketsOne Liberty Plaza, 50th Floor, New York, NY 10006Day-to-day transaction management
Issuer's Counsel — Working AssociateCalderwood & Harkness LLPNatasha ForbesWorking Associate, Capital MarketsOne Liberty Plaza, 50th Floor, New York, NY 10006Document drafting and due diligence
Selling Shareholder — Managing PartnerCrestwood Capital Management LLC (GP of Crestwood Venture Partners III, L.P.)Derek CallowayManaging Partner200 Clarendon Street, Suite 3100, Boston, MA 02116Lock-Up Agreement signatory
Selling Shareholder — CFOCrestwood Capital Management LLC (GP of Crestwood Venture Partners III, L.P.)Priya NandakumarChief Financial Officer200 Clarendon Street, Suite 3100, Boston, MA 02116Questionnaire and POA signatory
Selling Shareholder's CounselWhitford & Dane LLPGregory WhitfordLead Partner100 Federal Street, Suite 2800, Boston, MA 02110Selling shareholder opinion; est. fees $60,000
UnderwriterMeridian Zanthor & Co.Samantha ReevesManaging Director, Equity Capital Markets399 Park Avenue, 22nd Floor, New York, NY 10022Sole Bookrunner; lead banker
Underwriter's CounselHargreaves Finch LLPCatherine YuenLead Partner600 Third Avenue, 31st Floor, New York, NY 1001610b-5 letter; due diligence
Independent AuditorPemberton & Associates LLPDavid Kingsley, CPAEngagement Partner1251 Avenue of the Americas, 19th Floor, New York, NY 10020 / 12 Finsbury Circus, London EC2M 7EBComfort letters (initial and bring-down)
Transfer Agent & RegistrarContinental Hollowell Asset AdvisorsLisa HarmonVice President, Corporate Actions17 Ashbury Asset Advisors, New York, NY 10004DTC settlement; share transfer
D&O Insurance CarrierNorthgate Indemnity Corp.280 Trumbull Street, Hartford, CT 06103Policy No. NGI-DO-2025-08841
Corporate Broker (UK)Ashford Greystone Securities Ltd.7 Lothbury, London EC2R 7HH, United KingdomUK corporate broker for Aurelius

[sheet: Timeline]

DateEventResponsible PartyStatusNotes
2017Crestwood VP III original Series C preferred investment (£18,000,000) in AureliusCrestwood VP IIICompletedConverted to ordinary shares upon 2021 IPO
June 14, 2021Registration Rights Agreement executed at IPOAurelius / Crestwood VP IIICompletedProvides up to 3 demand registrations; piggyback rights
August 29, 2025Form F-3 shelf registration statement filed (File No. 333-278415); total shelf capacity $1,500,000,000Aurelius / Calderwood & Harkness LLPCompletedCIK: 0001923487
September 22, 2025Form F-3 declared effective by SECSECCompleted
November 2025Prior primary shelf takedown ($750,000,000)AureliusCompletedRemaining shelf capacity reduced to $750,000,000
December 31, 2025Aurelius fiscal year end; share count record date (94,600,000 shares outstanding)AureliusCompletedApprox. market cap ~$3.03B (30-day VWAP ~$32.05)
February 9, 2026Matter opened at Calderwood & Harkness LLP (Matter No. 04781.00026)Calderwood & Harkness LLPCompleted
February 27, 2026Aurelius Q4/FY 2025 earnings releaseAureliusCompletedRevenue $1.87B; Adj. EBITDA $312M; Net Income $147M
February 28, 2026Form 20-F for FY 2025 filed with SECAurelius / Pemberton & Associates LLPCompletedIncorporated by reference into Registration Statement
March 5, 2026Issuer Support and Cooperation Letter executedAurelius / Calderwood & Harkness LLPCompletedConfirms issuer cooperation and expense allocation
March 10, 2026Selling Shareholder Questionnaire and POA receivedCrestwood VP III / Whitford & Dane LLPCompleted
March 10–11, 2026Wall-crossing / marketing period — Meridian Zanthor wall-crossed select institutional investorsMeridian Zanthor & Co.Completed
March 12, 2026Pricing and execution of Block Trade Agreement (4:15 PM ET); Nasdaq last sale $32.18 (Discount to market ~0.56%); initial comfort letter delivered by Pemberton & AssociatesAll partiesCompletedPublic offering price: $32.00/share
March 13, 2026Prospectus Supplement filing deadline (Rule 424(b)(7))Calderwood & Harkness LLPPendingTo be filed on EDGAR
March 15, 2026Bring-down due diligence session (videoconference)Calderwood & Harkness LLP / Aurelius / Meridian Zanthor / Hargreaves FinchCompletedNo MAC; no pending litigation; no MNPI
March 16, 2026Closing / Settlement (T+2) — delivery of all closing deliverables; DTC settlement of 1,500,000 shares; payment of $47,280,000 net proceeds to Crestwood VP IIIAll partiesPendingExpected closing date
May 15, 2026Lock-up expiration (60 calendar days post-closing)Crestwood VP III / Meridian Zanthor & Co.UpcomingCrestwood VP III may dispose of remaining 2,750,000 shares after this date