JPMorgan Chase & Co Response to announcement by Worldpay Group plc (2188K)

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RNS Number : 2188K

JPMorgan Chase & Co

05 July 2017

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

For immediate release

5 July 2017

Response to announcement by Worldpay Group plc

JP Morgan Chase & Co. ("J.P. Morgan") notes the announcement by Worldpay Group plc ("Worldpay") on 4 July 2017. In response to an invitation from Worldpay, J.P. Morgan was at a very early stage in considering whether or not to make an offer or the terms of any offer for Worldpay.

Following preliminary considerations, J.P. Morgan hereby announces that it does not intend to make an offer for Worldpay. J.P. Morgan continues to hold Worldpay in high regard.

Accordingly, J.P. Morgan is, except with the consent of the UK Panel on Takeovers and Mergers, bound by the restrictions in Rule 2.8 of the City Code on Takeovers and Mergers.

Enquiries:

J.P. Morgan

 
 Jennifer Zuccarelli    [phone] 
 
 

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July 05, 2017 08:16 ET (12:16 GMT)