12 Jul 2019 17:18
Â
2019/13 Â OFFERS BY humber bidco limited ("humber") and MEIF 6 FIBRE LIMITED ("MEIF 6 FIBRE") for KCOM Group PUBLIC LIMITED COMPANY ("KCOM") Â Â On 4 July 2019, in accordance with Rule 32.5 of the Takeover Code (the "Code"), the Panel Executive announced (Panel Statement 2019/11) that the auction procedure set out in Appendix 8 of the Code (the "Auction Procedure") would be applied in order to resolve the competitive situation in relation to KCOM. Â The Auction Procedure has now ended and the offers of Humber and MEIF 6 Fibre following its conclusion are as follows: | |
Humber: | 113 pence in cash per KCOM ordinary share as set out in its announcement dated 12 July 2019 |
MEIF 6 Fibre: | 120.3 pence in cash per KCOM ordinary share as set out in its announcement dated 12 July 2019 |
   12 July 2019 |
Â
Â