1 Jul 2021 15:42
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 |
WTG.L (WTG)