RE: Https://boohoodeservesbetter.com/7 Nov 2024 20:25
Takeover Code
The statement from Mahmud Kamani that he has no intention to make an offer for boohoo is a statement to which Rule 2.8 of the Code applies.
Under Note 2 on Rule 2.8 of the Code, Mahmud Kamani and any person(s) acting in concert with him, reserve the right to make or participate in an offer or possible offer for boohoo and/or take any other action which would otherwise be restricted under Rule 2.8 of the Code within six months of the date of this announcement in the following circumstances:
a) with the agreement of the Board;
b) following the announcement of a firm intention to make an offer for boohoo by or on behalf of a third party;
c) following the announcement by boohoo of a Rule 9 waiver proposal (as described in Note 1 of the Notes on Dispensations from Rule 9 of the Code) or a reverse takeover (as defined in the Code); or
d) where the Panel on Takeovers and Mergers has determined that there has been a material change of circumstances.