Trinity Mirror’s takeover of Hot Group is going ahead, according to an announcement to the London Stock Exchange.

The AIM-listed recruitment firm’s directors, including Tony Reeves and Harvey Sinclair (pictured), have already agreed to sell their shares to Trinity, along with institutional investors Morley and New Star.

This means that Trinity now owns 27.4% of Hot Group. Trinity is offering investors in the firm £20.25p per share.

As long as the remaining shareholders sell up, the deal will be completed by 18 October.