Offer Timetable Extended (4878N)
02 September 2011 - 8:00AM
UK Regulatory
TIDMZZZZ TIDMUNIQ TIDMGNC
RNS Number : 4878N
Takeover Panel
02 September 2011
2011/21
THE TAKEOVER PANEL
UNIQ PLC
("UNIQ")
Greencore Group plc
("Greencore")
Offer timetable extended
Rule 31.9 of the Code requires that the board of the offeree
company should not, except with the consent of the Panel, announce
any material new information after the 39(th) day following the
publication of the initial offer document. Normally, therefore, the
last day for the announcement by Uniq of material new information
in the context of Greencore's offer would be 3 September. However,
Greencore's offer is conditional, amongst other things, on
clearance of the offer by the Office of Fair Trading ("OFT") and
the OFT's decision whether or not to refer the offer by Greencore
to the Competition Commission has yet to be announced.
In these circumstances, and in accordance with Note 3 on Rule
31.6, the Panel Executive has ruled that "Day 39" will be deemed to
be the second day after the announcement of that decision.
"Day 46" (the last date for posting a revised offer) and "Day
60" (the date by which an offer must become or be declared
unconditional as to acceptances) will also be extended by the same
number of days. The next expiry date of the offer will not be
affected by this extension.
Each of the parties has accepted this ruling.
2 September 2011
This information is provided by RNS
The company news service from the London Stock Exchange
END
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