RE: 2.9 RNS2 Dec 2020 15:01
From the original FSP announcement:
"There can be no certainty that an offer will be made, nor as to the terms on which any offer will be made."
From the Takeover Panel rules:
hTTps://www.thetakeoverpanel.org.uk/wp-content/uploads/2008/11/code.pdf?v=7Nov2019
2.9 ANNOUNCEMENT OF NUMBERS OF RELEVANT
SECURITIES IN ISSUE
When an offer period begins, the offeree company must announce,
as soon as possible and in any case by 7.15 am on the next business
day, details of all classes of relevant securities issued by the company,
together with the numbers of such securities in issue. An offeror or
publicly identified potential offeror must also announce the same details
relating to its relevant securities as soon as possible and in any case
by 7.15 am on the business day following any announcement identifying
it as an offeror or potential offeror, unless it has stated that its offer is
likely to be solely in cash.
Any such announcement should include, where relevant, the International
Securities Identification Number (“ISIN�) for each relevant security.
If the information included in an announcement made under this Rule
changes during the offer period, a revised announcement must be made
as soon as possible.