9 Mar 2022 14:12
RNS Number : 2257E
Schroders PLC
09 March 2022
Letter of Intent: Acquisition of Air Partner plc and disposal by the Company of Wheels Up UK Limited
On 27th January 2022, Schroder Investment Management Limited provided a Letter of Intent regarding its intentions in relation to 6,900,000 shares.
In accordance with The City Code on Takeovers and Mergers, Rule 2.11 (d)(i), we advise that, subject to clause 2.6 of the letter of intent, we have disposed of a further 250,000 shares, and are no longer in a position to accept or procure the acceptance of the Offer, in relation to 5,350,000 shares.
Ibraheem Mir
Compliance Analyst
Schroders Group Compliance
T: +44 207 658 7892
E: ibraheem.mir@Schroders.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.