Chemring Group plc - Replacement
INVESCO Limited
The following amendment should be made to the INVESCO Limited Chemring Group plc announcement released at 8:52 GMT today.
Announcement is being resent to include Chemring Group plc ticker and ISIN for linking purposes.
All other details remain unchanged.
The full corrected version is shown below.
The holding of Invesco Ltd in Chemring Group plc exceeded 30% on 25th November 2011 as a result of a purchase coinciding with a share buyback by Chemring Group plc. This was an inadvertent mistake. Following discussions, the Takeover Panel has confirmed that no mandatory bid under Rule 9 of the Takeover Code for Chemring Group plc is required by Invesco Ltd. Invesco Ltd has taken immediate steps to correct the position by effecting a sale of shares such that its holding in Chemring Group plc decreases to below 30%.