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Pin to quick picksFrasers Group Regulatory News (FRAS)

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Response to lapsed offer

3 May 2019 17:04

RNS Number : 0953Y
Findel PLC
03 May 2019
 

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

FOR IMMEDIATE RELEASE

3 May 2019

Findel plc ("Findel" or the "Group")

Response to the Lapsing of the Sports Direct Mandatory Offer

The Findel Board welcomes today's announcement from Sports Direct that its Mandatory Offer for Findel has now lapsed and is pleased that shareholders have demonstrated their support of the Group's strategy and management. We look forward to continuing to work with Sports Direct for the benefit of all stakeholders.

 

  For further information, please contact: 

Findel plc

Ian Burke, Chairman

Phil Maudsley, Group CEO

Stuart Caldwell, Group CFO 

0161 303 3465

 

 

 

N+1 Singer (Joint Financial Adviser to Findel)

Mark Taylor

Jen Boorer

Harry Mills

 

020 7496 3000

 

Stifel (Joint Financial Adviser to Findel)

Tim Medak

Mark Harrison

Anthony Ledeboer

Francis North

 

020 7710 7600

 

Tulchan Communications

Catherine James

Will Smith

 

 

020 7353 4200 

 

Further information

A copy of this announcement will be available at www.findel.co.uk. The content of the website referred to in thisannouncement is not incorporated into and does not form part of this announcement.

N+1 Singer Advisory LLP (which is authorised and regulated in the United Kingdom by the Financial Services Authority)is acting exclusively for the Group in connection with the matters referred to above and no one else and will not beresponsible to anyone other than the Group for providing the protections offered to clients of N+1 Singer Advisory LLPnor for providing advice in relation to the matters referred to above.

Stifel Nicolaus Europe Limited ("Stifel"), which is authorised and regulated in the United Kingdom by the FinancialConduct Authority, is acting exclusively for Findel and no one else in connection with the above and will not beresponsible to anyone other than Findel for providing the protections offered to clients of Stifel nor for providingadvice in relation to the subject matter of this announcement or any other matters referred to in this announcement.

 

 

 

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.
 
END
 
 
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