23 Jan 2006 16:21
Takeover Panel23 January 2006 2006/1 FIRST TECHNOLOGY PLC ("FIRST TECHNOLOGY") HONEYWELL INTERNATIONAL INC ("hoNEYWELL") The Executive notes the announcement released by Honeywell this morningindicating that it is considering whether to raise its offer for FirstTechnology. Rule 19.3 of the Code states that "an offeror must not make a statement to theeffect that it may improve its offer without committing itself to doing so andspecifying the improvement". The Executive regards Honeywell's statement as abreach of this Rule. Honeywell has confirmed to the Executive that there can be no certainty that anincreased offer will ultimately be made. 23 January 2006 This information is provided by RNS The company news service from the London Stock Exchange
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Don't have an account? Click here to register.Statement re First Technology
| Date | Source | Headline | |
|---|---|---|---|
| 11th Mar 2005 | 4:29 pm | RNS | Offer Update: Novar plc |
| 7th Mar 2005 | 7:02 am | RNS | Offer Update: Novar plc |
| 22nd Feb 2005 | 7:01 am | RNS | Offer Update: Novar plc |
| 7th Feb 2005 | 7:00 am | RNS | Offer Update: ECMR process |
| 1st Feb 2005 | 7:01 am | RNS | Offer Update: Novar plc |
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