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Statement re Lapsed Unrecommended Mandatory Offer

9 Mar 2022 07:00

RNS Number : 1103E
Photo-Me International PLC
09 March 2022
 

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 THAT JURISDICTION.

 

FOR IMMEDIATE RELEASE

 

Photo-Me International PLC

("Photo-Me" or the "Company")

Statement re Lapse of Unrecommended Mandatory Offer

 

The board of Photo-Me notes the announcement made by Bidco on 8 March 2022 that its unrecommended mandatory offer, for the entire issued and to be issued share capital of the Company (the "Offer"), has lapsed as the Acceptance Condition was not satisfied. Consequently, the Company is now no longer in an offer period.

The Company intends to report its results for the 12 months ended 31 October 2021 on 21 March 2022.

 

 

For further information:

 

Photo-Me International plc

Sir John Lewis (Non-Executive Chairman)

Emmanuel Olympitis (Senior Non-Executive Director)

 

T: +44 1372 453 399

finnCap (Financial Adviser and Rule 3 Adviser to Photo-Me)

Matt Goode/Henrik Persson/Seamus Fricker (Corporate Finance)

Alice Lane/Charlotte Sutcliffe (ECM)

T: +44 2072 200 500

 

Hudson Sandler

T: +44 20 7796 4133

Wendy Baker/Nick Moore/Charlotte Cobb

 

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