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Share Name Share Symbol Market Type Share ISIN Share Description
Sec Newgate S.p.a. LSE:SECG London Ordinary Share IT0005200453 ORD NPV (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 48.50 45.00 52.00 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 40.2 1.1 -0.5 - 7

SEC Newgate S.p.A. Confirmation of stated post-offer intentions

03/09/2020 7:00am

UK Regulatory (RNS & others)


Sec Newgate S.p.a (LSE:SECG)
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RNS Number : 8688X

SEC Newgate S.p.A.

03 September 2020

THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS, WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.

3 September 2020

SEC NEWGATE S.p.A.

RULE 19.6(c) CONFIRMATION WITH RESPECT TO STATED POST-OFFER INTENTIONS WITH REGARD TO PORTA COMMUNICATIONS PLC

SEC Newgate S.p.A, formerly SEC S.p.A., (the "Company") announces that, further to the completion of its recommended share-for-share exchange offer for Porta Communications plc which was implemented by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006, and which became effective on 3 September 2019, the Company has duly confirmed in writing to the Panel on Takeovers And Mergers in the UK in accordance with the requirements of Rule 19.6(c) of the City Code on Takeovers and Mergers (the "Code") that the Company has complied with its post-offer intention statements made pursuant to Rules 2.7(c)(iv) and 24.2 of the Code, as originally detailed in the Company's Rule 2.7 announcement of 11 June 2019 and Porta Communications plc's scheme document published on 5 July 2019.

- Ends -

Further information:

For further information please contact:

 
 
   SEC Newgate S.p.A. 
 Fiorenzo Tagliabue (Group CEO)     Telephone: +39 335 6008858 
                                     tagliabue@secrp.com 
 Emma Kane (Deputy Group CEO,       Telephone: +44 (0) 20 
  CEO Newgate Communications UK)     3757 6860 
                                     emma.kane@newgatecomms.com 
 Sergio Penna (Group CFO)           Telephone: +39 338 835 
                                     7936 
                                     penna@secrp.com 
 
   Arden Partners 
 Richard Johnson / Benjamin Cryer   Telephone: +44 207 614 
                                     5900 
 

Notes to Editors

   --      Further information is available at  www.secnewgate.com 

-- On 3 September 2019, SEC S.p.A. and Porta Communications Plc merged to create SEC Newgate S.p.A.

The Group's principal brands are: ACH SEC Global (Spain); Cambre Associates (Belgium); Cambre Maroc (Morocco); Clai (France); Kohl PR (Germany); Martis Consulting (Poland); SEC Newgate Latam (Colombia); Newgate Communications (Abu Dhabi, Australia, Greater China, Singapore, UK); Newington (UK); Publicasity (UK); SEC Newgate S.p.A. (Italy); SEC Newgate US LLC and 2112 (UK).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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September 03, 2020 02:00 ET (06:00 GMT)

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