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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ambrian | LSE:AMBR | London | Ordinary Share | GB0003763140 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.50 | 1.25 | 1.75 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 7132K
Ambrian Capital PLC
23 December 2008
Ambrian Capital plc / Panmure Gordon & Co. plc
Joint announcement re possible transaction
Further to the announcement of 8th December the Boards of Ambrian Capital plc and Panmure Gordon & Co. plc announce that discussions
between the two parties have now ceased.
Under Rule 2.8 of the City Code on Takeovers and Mergers, and except with the consent of the Takeover Panel, the statement above
regarding the cessation of discussions with Panmure Gordon & Co. plc will prevent Ambrian Capital plc or anyone acting in concert with it
from announcing an offer or possible offer for Panmure Gordon & Co. plc or taking certain other action within the next six months unless
there has occurred an event, as set out below, which enables the statement to be set aside.
Accordingly, for the purposes of Rule 2.8 of the City Code, Ambrian Capital plc reserves the right (on behalf of itself and anyone
acting in concert with it) to announce an offer or possible offer for Panmure Gordon & Co. plc and/or to take any other action which would
otherwise be restricted under Rule 2.8 of the City Code within the next six months in the event that:
(i) the agreement or recommendation of the board of Panmure Gordon & Co. plc is given to the making of such an announcement or the
taking of any such other action; or
(ii) a third party announces an offer or possible offer for Panmure Gordon & Co. plc; or
(iii) if any announcement is made by or on behalf of Panmure Gordon & Co. plc that it is in discussions which may or may not lead to
an offer (or partial offer), or formally or informally invites an offer (or partial offer) for Panmure Gordon & Co. plc; or
(iv) Panmure Gordon & Co. plc announces a 'whitewash proposal' or a 'reverse takeover' (each as defined in the City Code on Takeovers
and Mergers).
23 December 2008
Enquiries:
Evercore Partners
Anthony Swift +44 (0) 20 7268 2757
Collins Stewart Europe Limited
Mark Connelly +44 (0) 20 7523 8350
M:Communications
Charlotte Kirkham / Harriet Totty +44 (0) 207 153 1531 / 1590
This information is provided by RNS
The company news service from the London Stock Exchange
END
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