RNS Number : 4344N
Lincoln International LLP
07 May 2024
 

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 SUCH JURISDICTION

THIS ANNOUNCEMENT IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE")

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

FOR IMMEDIATE RELEASE

7 May 2024

Statement of intention not to make an offer for Centaur Media Plc

Following the statements on 10 April 2024 and 19 April 2024 by Centaur Media Plc (the "Company") in which the Company announced that it had received a highly preliminary expression of interest from WPEF IX Holding Coöperatief W.A. ("WPEF") in relation to the proposed acquisition of the entire issued, and to be issued, share capital of the Company, WPEF today confirms that it does not intend to make an offer for Centaur Media Plc.

This is a statement to which Rule 2.8 of the Code applies.

Under Note 2 on Rule 2.8 of the Code, WPEF and any person(s) acting in concert with it reserve the right to set aside the restrictions in Rule 2.8 of the Code in the following circumstances:

a)     with the agreement of the board of the Company;

b)    if a third party announces a firm intention to make an offer for the Company;

c)     if the Company announces a Rule 9 waiver proposal (see Note 1 of the Notes on Dispensations from Rule 9 of the Code) or a reverse takeover (as defined in the Code); and

d)    if there has been a material change of circumstances (as determined by the Takeover Panel).

 

 

Important information

 

Pursuant to Rule 26.1 of the Code, a copy of this announcement will be available, subject to certain restrictions relating to persons resident in restricted jurisdictions, free of charge at https://www.waterlandpe.com/no-intention-to-bid/ promptly following its publication and in any event by no later than 12 noon (London time) on the business day following the date of this announcement. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.

 

This announcement is not intended to, and does not, constitute, represent or form part of any offer, invitation or solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities or the solicitation of any vote or approval in any jurisdiction whether pursuant to this announcement or otherwise.

 

The distribution of this announcement in jurisdictions outside the UK may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.

 

 

 

 

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