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Offer Update

8 Jan 2015 10:05

RNS Number : 6459B
Iluka Resources Limited
08 January 2015
 



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 OF SUCH JURISDICTION

 

THIS ANNOUNCEMENT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.5 OF THE IRISH TAKEOVER PANEL ACT 1997, TAKEOVER RULES, 2013 (THE "IRISH TAKEOVER RULES")

 

Iluka Resources Limited

 

8 January 2015

 

KENMARE RESOURCES PLC (KENMARE)

Iluka Resources Limited (Iluka) notes Kenmare's announcement on 8 January 2015.

Iluka confirms that it continues to be in discussion with, and conduct due diligence on, Kenmare.

There is no certainty that any transaction will be progressed or, in particular, that an offer will be made, or as to the terms on which an offer may be made if forthcoming. 

 

A further announcement will be made in due course as appropriate.

 

Enquiries

Dr Robert Porter

General Manager, Investor Relations

Phone: + 61 (0) 3 9225 5008 Mobile: +61 (0) 407 391 829

Email: robert.porter@iluka.com

 

 

IMPORTANT NOTICES

 

The Directors of Iluka accept responsibility for the information contained in this announcement. To the best of their knowledge and belief (having taken all reasonable care to ensure that such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.

 

This announcement is not intended to, and does not, constitute or form part of any offer, invitation or the 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 Ireland or the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.

 

A person interested in 1% or more of any class of relevant securities of Kenmare or Iluka may have disclosure obligations under Rule 8.3 of the Irish Takeover Rules. This requirement will continue until the offer period ends.

 

A copy of this announcement will be available on the Iluka website at www.iluka.com 

 

 

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