3 Sep 2020 07:00
THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS, WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.
3 September 2020
SEC NEWGATE S.p.A.
RULE 19.6(c) CONFIRMATION WITH RESPECT TO STATED POST-OFFER INTENTIONS WITH REGARD TO PORTA COMMUNICATIONS PLC
SEC Newgate S.p.A, formerly SEC S.p.A., (the "Company") announces that, further to the completion of its recommended share-for-share exchange offer for Porta Communications plc which was implemented by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006, and which became effective on 3 September 2019, the Company has duly confirmed in writing to the Panel on Takeovers And Mergers in the UK in accordance with the requirements of Rule 19.6(c) of the City Code on Takeovers and Mergers (the "Code") that the Company has complied with its post-offer intention statements made pursuant to Rules 2.7(c)(iv) and 24.2 of the Code, as originally detailed in the Company's Rule 2.7 announcement of 11 June 2019 and Porta Communications plc's scheme document published on 5 July 2019.
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Further information:
For further information please contact:
SEC Newgate S.p.A. | |
Fiorenzo Tagliabue (Group CEO) | Telephone: +39 335 6008858 tagliabue@secrp.com
|
Emma Kane (Deputy Group CEO, CEO Newgate Communications UK)
| Telephone: +44 (0) 20 3757 6860 emma.kane@newgatecomms.com |
Sergio Penna (Group CFO) | Telephone: +39 338 835 7936 penna@secrp.com |
Arden Partners | |
Richard Johnson / Benjamin Cryer | Telephone: +44 207 614 5900 |
Notes to Editors
· Further information is available at www.secnewgate.com
· On 3 September 2019, SEC S.p.A. and Porta Communications Plc merged to create SEC Newgate S.p.A.
The Group's principal brands are: ACH SEC Global (Spain); Cambre Associates (Belgium); Cambre Maroc (Morocco); Clai (France); Kohl PR (Germany); Martis Consulting (Poland); SEC Newgate Latam (Colombia); Newgate Communications (Abu Dhabi, Australia, Greater China, Singapore, UK); Newington (UK); Publicasity (UK); SEC Newgate S.p.A. (Italy); SEC Newgate US LLC and 2112 (UK).