Sign In
5 Aug 2016 16:45
ABERFORTH PARTNERS LLP - Statement re Disclosure under Rule 2.11(c)ABERFORTH PARTNERS LLP - Statement re Disclosure under Rule 2.11(c)
PR Newswire
London, August 5
ABERFORTH PARTNERS LLP
Disclosure under Rule 2.11(c) of The City Code on Takeovers and Mergers
Aberforth Partners LLP (“Aberforth”) provided a non-binding letter of intent to News Corp UK & Ireland Limited on 29 June 2016 regarding the proposed acquisition of Wireless Group plc, as referred to in the announcement of the recommended cash offer on 30 June 2016. The non-binding letter of intent was for 5,495,041 ordinary shares of 10p in Wireless Group plc, of which Aberforth held voting authority over 2,876,972 ordinary shares of 10p.
In accordance with Rule 2.11(c) of The City Code on Takeovers and Mergers, Aberforth announces that following disposals to date it no longer intends to comply with this letter of intent in respect of 762,757 ordinary shares (over which it had voting authority of 256,800 ordinary shares) in Wireless Group plc, on behalf of clients.
The non-binding letter of intent issued on 29 June 2016 still applies to 4,732,284 ordinary shares in Wireless Group plc, of which Aberforth holds voting authority over 2,620,172 ordinary shares.
Aberforth Partners LLP
5 August 2016
Follow the stocks
