19 Dec 2018 07:12
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 THAT JURISDICTION
THIS ANNOUNCEMENT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") AND THERE CAN BE NO CERTAINTY THAT AN OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY OFFER WILL BE MADE
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
FOR IMMEDIATE RELEASE
19 December 2018
Update on interest in Flybe Group PLC ("Flybe")
Following its announcement of 23 November 2018, Virgin Atlantic Limited ("Virgin Atlantic") confirms that it continues to review its options in respect of Flybe including potentially making an offer for Flybe.
Accordingly, discussions with Flybe and its management are continuing.
There can be no certainty that any offer will be made nor as to the terms upon which any offer may be made.
Rule 26.1 disclosure
In accordance with Rule 26.1 of the Code, a copy of this announcement will be available at https://www.virginatlantic.com/gb/en/media-centre.html by no later than 12 noon (London time) on 20 December 2018. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.
Important notice related to financial adviser
N.M.Rothschild & Sons Limited ("Rothschild & Co"), which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively for Virgin Atlantic and for no one else in connection with the subject matter of this announcement and will not be responsible to anyone other than Virgin Atlantic for providing the protections afforded to its clients or for providing advice in connection with the subject matter of this announcement.