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Pin to quick picksMulberry Group Regulatory News (MUL)

Share Price Information for Mulberry Group (MUL)

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Market Cap: £89.45m
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Statement regarding Frasers Group plc

18 Dec 2020 07:00

RNS Number : 0907J
Mulberry Group PLC
18 December 2020
 

 

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

 

 

18 December 2020

 

Mulberry Group plc ("Mulberry")

 

Statement regarding Frasers Group plc ("Frasers")

 

The board of Mulberry notes yesterday's announcement released by Frasers stating that, in accordance with Rule 2.8 of the Takeover Code (the "Code"), it does not intend to make an offer for Mulberry. Accordingly, Frasers is now subject to the restrictions under Rule 2.8 of the Code and Mulberry is no longer in an offer period in accordance with the Code.

 

Godfrey Davis, Chairman of Mulberry, commented:

 

"We continue to make significant progress in building Mulberry as a sustainable global luxury brand, creating value for all our stakeholders. This is focused around our omni-channel network and market leading digital platform; increasing our Asian footprint; and a relentless focus on innovation and sustainability, offering our customers beautiful products, made to last in our Somerset factories."

 

Enquiries:

 

Mulberry Group plc

Charles Anderson (Group Finance Director)

Tel: +44 (0) 20 7605 6793

 

 

GCA Altium (Financial Adviser and NOMAD)

Tel: +44 (0) 20 7484 4040

Tim Richardson

 

 

 

Headland (Public Relations)

Tel: +44 (0) 20 3805 4822

Lucy Legh / Jane Glover

 

 

 

Barclays (Broker)

Tel: +44 (0) 20 3134 9801

Nicola Tennent

 

 

 

Publication on website:

 

A copy of this announcement will be made available (subject to certain restrictions relating to persons resident in restricted jurisdictions) at https://www.mulberry.com/gb/investor-relations. The content of the website referred to in this announcement is not incorporated into and does not form part of 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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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