Cobham plc ('Cobham') notes the announcement by the UK Office of Fair Trading (OFT) today with regard to inviting comments on the acquisition of Thrane & Thrane A/S. This is standard procedure in all OFT merger considerations. OFT approval was not required and was not a condition to the closing of the Offer and the consequent acquisition of approximately 97% of the shares, which has now completed. Cobham will work with the OFT to facilitate its process and remains confident that the transaction, which does not have a significant proportion of its business in the UK, does not give rise to any competition issues.
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Warren Tucker, Chief Financial Officer
+44 (0)1202 882020
Julian Wais, Director of Investor Relations
+44 (0)1202 857998
Michael Harrison/Will Carnwath
+44 (0)20 7404 5959
Cobham specialises in meeting the demand for data, connectivity and bandwidth in defence, security and commercial environments. Offering a technically diverse and innovative range of technologies and services, the Group protects lives and livelihoods, responding to customer needs with agility that differentiates it. The most important thing we build is trust. Employing more than 11,000 people on five continents, the Group has customers and partners in over 100 countries.
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