4 Feb 2022 13:10
RNS Number : 7796A
Schroders PLC
04 February 2022
Letter of Intent: Acquisition of Air Partner plc and disposal by the Company of Wheels Up UK Limited
On 27th January 2022, Schroder Investment Management Limited provided a Letter of Intent regarding its intentions in relation to 6,900,000 shares.
In accordance with The City Code on Takeovers and Mergers, Rule 2.11 (d)(i), we advise that, subject to clause 2.6 of the letter of intent, we have disposed of a further 3,135,000 shares, and are no longer in a position to accept or procure the acceptance of the Offer, in relation to 4,185,000 shares.
Ibraheem Mir
Compliance Analyst
Schroders Group Compliance
T: +44 207 658 7892
E: Ibraheem.mir@Schroders.com
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AIR.L (AIR)
Schroders (SDR)