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Offer Update

1 Jul 2021 15:42

RNS Number : 9109D
Watchstone Group PLC
01 July 2021
 

 

 

 

Watchstone Group plc

 ("Watchstone" or the "Company" or the "Group")

Response to Offer

The Board of Watchstone Group Plc notes this afternoon's announcement of the mandatory cash offer of 34 pence per Watchstone share on behalf of Polygon Global Partners LLP for the whole of the issued and to be issued share capital of Watchstone ("the Offer"). As required by the City Code on Takeovers and Mergers, the Board will be obtaining independent advice in respect of the Offer and will make the substance of such advice known to shareholders in due course. In the meantime, shareholders are advised to take no action in respect of the Offer.

 

 

For further information:

Watchstone Group plc

investor.relations@watchstonegroup.com

Tel: 03333 448048

 

WH Ireland Limited, Nominated Adviser and broker

 

Tel: 020 7220 1666

Chris Hardie

Lydia Zychowska

 

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