Rule19.6(c) stated post-offer intention statements

RNS Number : 6839J

Land Securities Group PLC

14 December 2022

 

THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.

FOR IMMEDIATE RELEASE

14 December 2022

Land Securities Group PLC ("Landsec")

Rule 19.6(c) confirmation with respect to stated post-offer intention statements with regard to U and I Group PLC

On 14 December 2021, Land Securities Group PLC ("Landsec") completed its recommended cash acquisition of the entire issued and to be issued share capital of U and I Group PLC ("U&I"), which was effected by way of a scheme of arrangement under Part 26 of the Companies Act 2006 (the "Acquisition").

Landsec announces that it has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of the Code that it has complied with its post-offer intention statements made pursuant to Rules 2.7(c)(viii) and 24.2 of the Code, as originally detailed in its announcement of 01 November 2021 and in the scheme document published in connection with the Acquisition on 15 November 2021.

Enquiries:

Landsec Edward Thacker (Investor Relations) Sara Doggett (Corporate Affairs)	[phone] [phone]
UBS Investment Bank (Financial adviser to Landsec)	[phone]
Rahul Luthra Jonathan Rowley George Dracup

UBS AG London Branch ("UBS") is authorised and regulated by the Financial Market Supervisory Authority in Switzerland. It is authorised by the PRA and subject to regulation by the FCA and limited regulation by the PRA in the United Kingdom. UBS AG London Branch is acting as financial adviser to Landsec and no one else in connection with the Acquisition. In connection with such matters, UBS AG London Branch, its affiliates and their respective directors, officers, employees and agents will not regard any other person as their client, nor will they be responsible to any other person for providing the protections afforded to their clients or for providing advice in relation to the Acquisition, the contents of this announcement or any other matter referred to herein.

 

END

 

 

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