Confirmation of post-offer intention statementsSource: RNS
Better Health, Brighter Future
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
Rule 19.6(c) confirmation of post-offer intention statements
Osaka, Japan, January 8, 2020 --- Takeda Pharmaceutical Company Limited ("Takeda") announces that, further to the completion of its recommended offer for the entire issued and to be issued ordinary share capital of Shire plc ("Shire") on January 8, 2019, its board of directors 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 Takeda 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 8 May 2018 and the Shire scheme document published on 12 November 2018.
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