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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sports Direct International Plc | LSE:SPD | London | Ordinary Share | GB00B1QH8P22 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 470.00 | 469.20 | 469.80 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFRAS TIDMMUL
RNS Number : 0645J
Frasers Group PLC
17 December 2020
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION
THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE
CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE")
Date: 17 December 2020
Frasers Group plc
("Frasers Group" or the "Company")
No intention to bid statement regarding Mulberry Group plc
Further to the announcement made on 19 November 2020 in relation to a possible offer for Mulberry Group plc ("Mulberry") by Frasers Group, Frasers Group confirms that it does not intend to make an offer under Rule 2.7 of the Code.
This is a statement to which Rule 2.8 of the Code applies.
For the purposes of Rule 2.8 of the Code, Frasers Group, and any person(s) acting in concert with it, reserve the right to make or participate in an offer or possible offer for Mulberry (and/or take any other action which would otherwise be restricted under Rule 2.8 of the Code) within 6 months of the date of this announcement:
a) with the agreement of the board of directors of Mulberry;
b) following the announcement of a firm intention to make an offer for Mulberry by or on behalf of a third party;
c) following the announcement by Mulberry of a proposal for a "whitewash" (as referred to in Note 1 of the Notes on Dispensations from Rule 9 of the Code) or for a reverse takeover (as defined in the Code); or
d) where the Panel on Takeovers and Mergers has determined that there has been a material change of circumstances.
Further announcements will be made as appropriate.
The person responsible for arranging the release of this announcement on behalf of the Company is Tom Piper, Company Secretary of the Company.
-Ends-
Frasers Group plc Tom Piper, Company T. 0344 245 9200 Secretary E. investor.relations@frasers.group LEI: 213800JEGHHEAXIJDX34
Important Notices
This announcement is not intended to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this announcement or otherwise.
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END
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(END) Dow Jones Newswires
December 17, 2020 10:42 ET (15:42 GMT)
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