3 Dec 2020 09:14
Disclosure under Rule 2.10(c) of The City Code on Takeovers and Mergers (Urban&Civic plc)Disclosure under Rule 2.10(c) of The City Code on Takeovers and Mergers (Urban&Civic plc)
Investec Wealth & Investment Limited (IW&I) provided a non-binding letter of intent to The Wellcome Trust Limited for 14,065,837 ordinary shares of Urban&Civic plc.
On 2nd December 2020, in accordance with Rule 2.10(c) of The City Code on Takeovers and Mergers, we announced that following the sale of 1,511,166 Urban&Civic plc shares during the period 6th November 2020 and 1st December 2020, the non-binding Letter of Intent now applied to 12,554,671 Urban&Civic plc shares.
Further to the above IW&I now announces that, following the sale of 8,020 Urban&Civic plc shares on the 2nd December 2020, the non-binding Letter of Intent now applies to 12,546,651 Urban&Civic plc shares.