Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSIXH.L Regulatory News (SIXH)

  • There is currently no data for SIXH

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Statement re. Possible Offer

6 Nov 2013 15:13

RNS Number : 3864S
600 Group PLC
06 November 2013
 

600 Group PLC ("600 Group" or the "Company")

 

Statement re. Possible Offer

 

Further to the previous announcements regarding the approach by Qingdao D&D Investment Group Co. that may or may not lead to a cash offer being made for the Company, the Board of 600 Group can confirm that discussions are on-going and that in accordance with Rule 2.6(c) of the City Code on Takeovers and Mergers (the "Code"), the Takeover Panel has consented to a further extension of the relevant deadline to allow those discussions to progress. The new deadline either to announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer (in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies) is 5.00 pm on 4 December 2013. The revised deadline will only be extended, if requested, with the consent of the Panel in accordance with Rule 2.6(c) of the Code.

 

This announcement is not an announcement of a firm intention to make an offer under Rule 2.7 of the Code and there can be no certainty that an offer will be made, nor as to the terms on which any offer will be made.

 

A further announcement will be made in due course.

 

Contact:

600 Group PLC

Paul Dupee (Chairman)

Nigel Rogers (Chief Executive)

 

0207 409 5044

0113 200 8482

 

SPARK Advisory Partners Limited - Financial Adviser

Miriam Greenwood

Sean Wyndham-Quin

 

 

0203 368 3553

0113 370 8975

 

finnCap Ltd - Nominated Adviser and Broker

Ed Frisby (Corporate Finance)

Julian Blunt(Corporate Finance)

Tony Quirke (Corporate Broking)

 

Cadogan PR Limited

Alex Walters

-

 

 

 

020 7220 0500

 

 

 

 

0207 930 7006

07771 713 608

SPARK Advisory Partners Limited which is regulated in the United Kingdom by The Financial Conduct Authority is acting for the Company in relation to the matters described in this announcement and is not advising any other person, and accordingly will not be responsible to anyone other than the Company for providing the protections afforded to customers of SPARK Advisory Partners Limited or for providing advice in relation to the matters described in this announcement.

 

finnCap Ltd which is regulated in the United Kingdom by The Financial Conduct Authority is acting for the Company in relation to the matters described in this announcement and is not advising any other person, and accordingly will not be responsible to anyone other than the Company for providing the protections afforded to customers of finnCap Ltd or for providing advice in relation to the matters described in this announcement.

 

The directors of 600 Group accept responsibility for the informationcontained 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 for which they are responsible is in accordance with the facts and does not omit anything likely to affect the import of such information.

 

Disclosure requirements of the Takeover Code (the "Code")

 

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of

relevant securities of an offeree company or of any securities exchange offeror (being any

offeror other than an offeror in respect of which it has been announced that its offer is, or is

likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

 

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.

 

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.

 

A copy of this announcement will be made available (subject to certain restrictions relating to persons resident in restricted jurisdictions) at http://www.600group.com/news/regulatory_announcements/ by no later than 12 noon (London time) on 7 November 2013, being the date following the date of this announcement.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
STRUNRVROWAARAA
Date   Source Headline
3rd Apr 20247:00 amRNSCancellation - 600 GROUP PLC
20th Mar 202411:36 amRNSReplacement: Trading Update & Annual Report Update
19th Mar 20245:15 pmRNSTrading Update and Update regarding Annual Report
7th Feb 20243:30 pmRNSTrading Update and Update regarding Annual Report
2nd Jan 20247:00 amRNSDirectorate Change
7th Dec 20232:36 pmRNSFurther re Debt Facilities
4th Dec 20237:00 amRNSFurther re LOI and Bank Facilities
16th Nov 20234:00 pmRNSChange of Nominated Adviser and Broker
31st Oct 202312:30 pmRNSBoard Changes & Update re Annual Report
6th Oct 20237:00 amRNSLetter of Intent re Potential Disposal
2nd Oct 20237:30 amRNSSuspension - 600 Group plc
2nd Oct 20237:00 amRNSResult of AGM
18th Sep 20235:30 pmRNSIssue of Equity and Total Voting Rights
7th Sep 20233:13 pmRNSHolding(s) in Company
7th Sep 20237:46 amRNSNotice of AGM
1st Sep 20234:49 pmRNSUpdate re AGM and Annual Report & Board Change
16th Aug 20234:01 pmRNSHolding(s) in Company
14th Aug 20233:04 pmRNSEquity Subscription and Total Voting Rights
9th Aug 20233:00 pmRNSExercise of Options
1st Aug 20237:00 amRNSAppointment of Chief Operating Officer
24th May 20237:00 amRNSTrading Update
4th May 20237:00 amRNSDirectorate Change
22nd Dec 20227:00 amRNSInterim Results
25th Nov 20225:05 pmRNSResult of Reconvened AGM
1st Nov 20227:00 amRNSBoard Changes
18th Oct 20228:24 amRNSNotice of General Meeting
30th Sep 202212:00 pmRNSResults for the year ended 31 March 2022
29th Sep 20227:00 amRNSResult of AGM
5th Sep 202211:00 amRNSNotice of Annual General Meeting
17th Aug 202210:00 amRNSAppointment of Don Haselton as GM of CMS Laser
29th Jul 20224:48 pmRNSExercise of Options and Total Voting Rights
10th Jun 20227:00 amRNSExercise of Options and Total Voting Rights
5th May 202211:03 amRNSHolding(s) in Company
11th Apr 20227:00 amRNSCompletion of Machine Tools Sale
24th Mar 20223:45 pmRNSResult of General Meeting
7th Mar 20229:05 amRNSSecond Price Monitoring Extn
7th Mar 20229:00 amRNSPrice Monitoring Extension
7th Mar 20227:00 amRNSProposed disposal of Machine Tool Solutions
28th Feb 20227:00 amRNSBoard Changes
15th Nov 20217:00 amRNSInterim Results
12th Nov 20217:00 amRNSTrading Update & Second Round PPP Loan Forgiveness
29th Sep 20217:00 amRNSResult of AGM
2nd Sep 20217:00 amRNSBoard Changes
2nd Sep 20217:00 amRNSResults for the year ended 31 March 2021
20th Jul 202111:05 amRNSSecond Price Monitoring Extn
20th Jul 202111:00 amRNSPrice Monitoring Extension
20th Jul 20217:00 amRNSTrading Update and Notice of Results
15th Jul 20217:00 amRNSSuccessful Loan Note Restructuring
15th Apr 202111:05 amRNSSecond Price Monitoring Extn
15th Apr 202111:00 amRNSPrice Monitoring Extension

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.