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Further update re Possible Merger Offer

14 Nov 2017 08:00

RNS Number : 4186W
Belvoir Lettings PLC
14 November 2017
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

 

14 November 2017

 

 

Belvoir Lettings plc

(the "Belvoir" or the "Company")

 

Further update re Possible Merger Offer

 

Following announcements on 19 October 2017 and 1 November 2017 in relation to the Possible Merger Offer, the Board of Belvoir has been notified by shareholders representing 3,179,050 ordinary shares of 1 pence each or 12.31 per cent. of The Property Franchise Group's ("TPFG") current issued share capital, namely Amati Global Investors Limited, on behalf of Amati VCT plc and Amati VCT 2 plc, Hargreave Hale Limited on behalf of discretionary clients and Livingbridge VC LLP, that they support in principle the boards of both Belvoir and TPFG engaging in discussions around the Possible Merger Offer.

 

Unless otherwise defined in this announcement, all defined terms used in this announcement shall have the meaning ascribed to them in the announcement titled "Rule 2.4 Announcement" released at 09:45 on 19 October 2017.

 

Enquiries:

 

Belvoir Lettings plc

Dorian Gonsalves, Chief Executive Officer

Louise George, Chief Financial Officer

01476 584 900

Cantor Fitzgerald Europe

Rick Thompson

Philip Davies

Will Goode

0207 894 7000

Buchanan

Charles Ryland

Vicky Hayns

Madeleine Seacombe

belvoir@buchanan.uk.com

0207 466 5000

 

 

Important information

 

The person responsible for arranging release of this announcement on behalf of Belvoir is Louise George, Chief Financial Officer.

 

This announcement is not intended to, and does not, constitute, represent or form part of any offer, invitation or solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this announcement or otherwise.

 

The distribution of this announcement in jurisdictions outside the United Kingdom may be restricted by law or regulation and therefore any person who comes into possession of this announcement should inform themselves about, and comply with, such restrictions. Any failure to comply with such restrictions may constitute a violation of the securities laws or regulations of any such relevant jurisdiction.

 

Cantor Fitzgerald Europe, which is authorised and regulated in the United Kingdom by the FCA, is acting for the Company and for no one else in connection with the matters referred to in this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Cantor Fitzgerald Europe or for providing advice in relation to the contents of this announcement, or any other matters referred to in this announcement.

 

Publication on website

 

In accordance with Rule 26.1 of the Code, a copy of this announcement will be made available on the Company's website www.belvoirlettingsplc.com by no later than 12 noon on 14 November 2017. For the avoidance of doubt, the content of the website referred to above is not incorporated into and does not form part of this announcement.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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