Company Announcements

Rule 19.6(c) announcement

Source: RNS
RNS Number : 8685R
Tesco PLC
05 March 2019
 

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.

5 March 2019

 

TESCO PLC

Rule 19.6(c) confirmation with respect to stated post-offer intentions with regard to Booker Group plc

 

Tesco PLC ("Tesco" or the "Company") announces that, further to the completion of its recommended share and cash merger with Booker Group plc, 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 5 March 2018, 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 the Company has complied with its post-offer statements of intent made pursuant to Rules 2.7(c)(iv) and 24.2 of the Code, as originally detailed in its announcement of 27 January 2017 and the scheme document published on 5 February 2018.

Enquiries

Tesco

Investor Relations:               Chris Griffith                         +44 (0) 1707 912 900

Media:                                   Christine Heffernan               +44 (0) 1707 918 701

Greenhill (financial adviser to Tesco)

David Wyles                                                                          +44(0) 207 198 7400

Charles Gournay

Greenhill, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively for Tesco and no one else in connection with the matter set out in this announcement and will not be responsible to anyone other than Tesco for providing the protections afforded to clients of Greenhill nor for providing advice in connection with the matter referred to in this announcement.

LEI Number: 2138002P5RNKC5W2JZ46

 


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