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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Third Quad Cap | LSE:TQC | London | Ordinary Share | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.725 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMTQC TIDMAMBR
RNS Number : 2588B
VSA Capital Group PLC
15 February 2011
VSA Capital Group plc
("VSA" or the "Company"
Response to press speculation concerning Ambrian Capital PLC
The board of VSA (the "Board") notes press speculation about a possible bid approach by VSA for Ambrian Capital PLC ("Ambrian") and wishes to clarify its position.
Whilst the Board would like to enter into a dialogue with and has made a tentative approach to Ambrian to explore a business combination with VSA it confirms that VSA is not in talks with Ambrian about any such business combination and is not in the course of preparing, and has no intention of making, an offer for Ambrian.
Under Rule 2.8 of the City Code on Takeovers and Mergers (the "City Code"), and except with the consent of the Panel on Takeovers and Mergers (the "Panel"), the statement in the preceding paragraph will prevent VSA or anyone acting in concert with it from announcing an offer or possible offer for Ambrian or taking certain other action within the next 6 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, VSA reserves the right (on behalf of itself and anyone acting in concert with it) to announce an offer or possible offer for Ambrian and/or to take any other action which would otherwise be restricted under Rule 2.8 of the City Code within the next 6 months in the event that:
(i) the agreement or recommendation of the board of Ambrian is given to the making of such an announcement or the taking of such other action; or
(ii) a third party announces an offer or possible offer for Ambrian; or
(iii) if any announcement is made by or on behalf of Ambrian that it is in discussions which may or may not lead to an offer or formally or informally invites an offer for Ambrian; or
(iv) Ambrian announces a "whitewash proposal" or a "reverse takeover" (each as defined in the City Code).
For further information, please contact
Third Quad Capital plc
Andrew Monk, CEO
Peter Joy, FD
0203 005 5000
Shore Capital and Corporate Limited Andrew Raca
Toby Gibbs
020 7408 4090
This information is provided by RNS
The company news service from the London Stock Exchange
END
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