Breathing space5 Jun 2024 16:58
In accordance with Rule 2.6(c) of the Code, the Board has requested and the Panel on Takeovers and Mergers (the "Takeover Panel") has consented to an extension to the date by which Sidara is required either to announce a firm intention to make an offer for Wood in accordance with Rule 2.7 of the Code or to announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. Such announcement must now be made by not later than 5.00pm on 3 July 2024. This deadline can be further extended by the Board of Wood, with the consent of the Takeover Panel