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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Share Plc | LSE:SHRE | London | Ordinary Share | GB0001977866 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 25.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSHRE
RNS Number : 4986Y
Share PLC
09 May 2019
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 OR REGULATIONS OF SUCH JURISDICTION
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
9 May 2019
Share PLC (AIM: SHRE)
(the "Company")
Statement in response to possible offer and Rule 2.8 announcement
The board of directors of the Company (the "Board") announced on 3 May 2019 that it noted the rise in the Company's share price, and confirmed that it had received a preliminary and unsolicited approach from Interactive Investor Services Limited ("Interactive Investor") which might or might not lead to an offer being made for the Company. Early stage discussions took place about a possible combination of the Company and Interactive Investor. Shareholders were advised that there was no certainty that an offer would be made for the Company, nor as to the terms on which an offer might be made.
The Board notes the announcement made earlier today by Interactive Investor that it does not intend to make an offer for the Company, which is a statement falling under Rule 2.8 of the City Code on Takeovers and Mergers (the "Code"). The Board understands that Interactive Investor is withdrawing for its own reasons and continues to be engaged with the acquisition of Alliance Trust PLC's subsidiary Alliance Trust Savings, which was announced on 22 October 2018.
As set out in the announcement made by Interactive Investor earlier today, discussions may be resumed, inter alia, with the approval of the Board.
For further information please contact:
Share plc
Richard Stone, Chief Executive 01296 439 270 Mike Birkett, Finance Director 01296 439 479
Stephens Europe Limited (Financial adviser)
Hugh Elwes 020 3757 9900 Cenkos Securities plc (Broker) 020 7397 8900
Mark Connelly
KTZ Communications (Financial Public Relations) 020 3178 6378
Katie Tzouliadis
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.
END
RSPEAXSNESLNEEF
(END) Dow Jones Newswires
May 09, 2019 03:58 ET (07:58 GMT)
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