George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWorthington Grp Regulatory News (WRN)

  • This share is currently suspended. It was suspended at a price of 88.00

Share Price Information for Worthington Grp (WRN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 88.00
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 88.00
WRN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Merger Update

13 Nov 2015 10:39

RNS Number : 6575F
Worthington Group PLC
13 November 2015
 



Worthington Group plc ("the Company" or "Worthington")

13th November 2015

FOR IMMEDIATE RELEASE

Update in relation to possible merger

 

Pursuant to rule 2.6 (c) of the City Code on Takeovers and Mergers (the "Code"), the Company has requested a 28 day extension to the period of time whereby Nuna Minerals A/S ("Nuna") must, under Rule 2.6 (a) of the Code, either announce a firm intention to make an offer for the Company, or announce that it does not intend to make an offer. The Takeover Panel has consented to this extension. Therefore the deadline is now 5pm on 11th December. 

The Company understands that progress is continuing to be made in relation to the proposed refinancing of Nuna by Greenland Mining Management Ltd and that a General Meeting of Nuna is expected to be called to put the refinancing proposals to shareholders. 

There can be no certainty that these discussions will lead to an offer being made for the Company, nor as to the terms on which any offer may be made.

 

About Worthington Group Plc ("Worthington")  

Worthington (Stock Exchange LSE: WRN) is a British investment company that celebrates its 61st anniversary as a London Stock Exchange main market listed company this year. The Company has four areas of investment focus: property, litigation claims, new economy and emerging markets. The Company believes that exceptional shareholder returns can be achieved by utilising its main market Sterling paper to acquire investments in these sectors worldwide.

 

Note: Forward-looking statements contained in this announcement, including Worthington's strategy and plans, as well as expectations for future revenue and earnings, reflect Worthington's current views and assumptions with respect to future events and are subject to certain risks, uncertainties and assumptions. There are many factors that may cause actual results achieved to differ materially from expectations for future results and expectations that may be expressed in or form an assumption of such forward-looking statements. Such factors include risks related to the day to day business of Worthington, client volatility, sales fluctuations, the general economic climate, political and environment and other risks, cancellations, software failures and interruption to service to customers due to technical problems, acquisition delays and failure as well as other uncertainties related to the results of Worthington including risks of delays or closure of projects, price falls, currency fluctuations and changes in contract terms, legislation and administrative practices, as well as competition risk and other unforeseen factors. If one or more of such risks or factors of uncertainty were to materialise, or should one or more of the statements provided prove to be incorrect, actual developments may differ materially from the forward-looking statements contained in this announcement.

Enquiries:

Media information Tel: +44 203 291 1872

or email: media@worthingtongroupplc.com

 

PD Cosec - Company Secretary Tel: +44 208 940 0963

Website: www.worthingtongroupplc.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MERBJBMTMBJBBFA
Date   Source Headline
6th Jan 20175:05 pmRNSEnd of offer period
21st Nov 20164:31 pmRNSUpdate
11th Nov 20164:17 pmRNSUpdate in relation to possible merger
25th Oct 20169:52 amRNSUpdate
17th Oct 20166:29 pmRNSUpdate
16th Sep 20165:08 pmRNSOffer Update
22nd Jul 20163:46 pmRNSUpdate in relation to possible merger
27th May 20164:53 pmRNSOffer Update
29th Apr 20164:46 pmRNSOffer Update
1st Apr 20163:45 pmRNSMerger Update
4th Mar 20164:33 pmRNSMerger Update
5th Feb 20164:00 pmRNSMerger Update
8th Jan 201611:13 amRNSMerger Update
11th Dec 20159:35 amRNSMerger Update
25th Nov 20151:33 pmRNSForm 8 (OPD) NunaMinerals A/S
25th Nov 20151:31 pmRNSForm 8 (OPD) Worthington Group
13th Nov 20152:00 pmRNSForm 8 (OPD) Amended Form 8 Worthington Group Plc
13th Nov 201510:39 amRNSMerger Update
16th Oct 20158:05 amRNSMerger Update
18th Sep 20152:47 pmRNSMerger Update
16th Sep 20155:08 pmRNSWorthington Group Plc
3rd Sep 20154:38 pmRNSForm 8.3 - Worthington Group Plc
6th Aug 201510:09 amRNSMerger Update
10th Jul 20157:00 amRNSMerger Update
12th Jun 20151:29 pmRNSMerger Update
26th May 201510:39 amRNSForm 8.3 - Worthington Group Plc
15th May 20155:49 pmRNSOffer Update
15th May 20154:18 pmRNSForm 8.3 - Worthington Group Plc
14th May 20154:14 pmRNSForm 8.3 - Worthington Group Plc
8th May 20153:28 pmRNSForm 8.3 - Worthington Group Plc
7th May 201512:56 pmRNSForm 8.3 - Worthington Group plc (Replacement)
7th May 201512:23 pmRNSForm 8.3 - Worthington Group plc
29th Apr 20153:51 pmRNSForm 8.3 - Worthington Group Plc
29th Apr 201512:09 pmRNSDisclosure under the Takeover Code, Rule 8.1 & 8.2
23rd Apr 20155:54 pmRNSNumber of relevant securities in issue
23rd Apr 20159:12 amRNSWorthington Group Plc
15th Apr 20155:52 pmRNSNumber of relevant securities in issue
15th Apr 20152:56 pmRNSMerger Update
31st Mar 20153:37 pmRNSUpdate in relation to acquisitions and relisting
31st Mar 20153:30 pmRNSCapital Structure, Warrants and Loan Stock
23rd Mar 20153:47 pmRNSPension Fund Litigation Settlement
5th Feb 20152:55 pmRNSPublication of Prospectus
30th Jan 20156:17 pmRNSAnnouncement of Results
22nd Jan 20159:33 amRNSUpdate re CPS Energy Resources Plc
9th Jan 20155:30 pmRNSUpdate
12th Dec 20145:41 pmRNSUpdate
24th Nov 201412:32 pmRNSUpdate
10th Nov 20141:13 pmRNSTrading Update
17th Oct 20148:32 amRNSShareholding Notification
13th Oct 201410:40 amRNSTemporary Suspension of the Company's shares

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.