THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS, 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
27 September 2023
RBC WEALTH MANAGEMENT (JERSEY) HOLDINGS LIMITED (an indirect wholly-owned subsidiary of Royal Bank of Canada ("RBC"))
Rule 19.6(c) confirmation in respect of post-offer intention statements made in relation to BREWIN DOLPHIN HOLDINGS PLC
RBC and RBC Wealth Management (Jersey) Holdings Limited ("Bidco") announces that, further to the completion of Bidco's recommended cash acquisition of the entire issued and to be issued ordinary share capital of Brewin Dolphin Holdings PLC ("Brewin Dolphin"), which was implemented by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 and which became effective on 27 September 2022, it has been duly confirmed in writing to the Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of The City Code on Takeovers and Mergers (the "Code") that RBC and Bidco have complied with the post-offer intention statements made pursuant to Rules 2.7(c)(viii) and 24.2 of the Code, as originally detailed in the announcement of 31 March 2022 and in the scheme circular published on 22 April 2022.
Enquiries:
Royal Bank of Canada Melanie Rockliff (VP, Corporate Communications) |
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+1 647-964-1423 +1 416-955-7804 |