Business
Extension to deadline under Rule 2.6(c)of the Code
Extension to deadline under Rule 2.6(c)of the Code.
About this update from Avingtrans Plc
[{"type":"text","content":"\n \nRNS Number : 4294G Avingtrans PLC 26 May 2017 \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION\n \nThis announcement does not constitute an announcement of a firm intention to make an offer under Rule 2.7 of the City Code on Takeovers and Mergers (the \"Code\"). There can be no certainty that an offer will be made nor as to the terms on which any offer might be made.\n \nThe information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.\n \n \n26 May 2017\n \nAvingtrans plc \n(\"Avingtrans\" or the \"Group\")\n \nExtension to deadline under Rule 2.6(c) of the Code\n \nThe Board of Avingtrans notes the announcement this afternoon by Hayward Tyler Group plc (\"Hayward Tyler\") in connection with its discussions with the company regarding a potential offer. \n \nThe Company confirms that, at Hayward Tyler's request, the Panel on Takeovers and Mergers (the \"Panel\") has provided its consent for the deadline under which Avingtrans must announce either a firm intention to make an offer for Hayward Tyler (pursuant to Rule 2.7 of the Code) or not (pursuant to Rule 2.8 of the Code) in accordance with Rule 2.6(a) of the Code to be extended to 5:00pm on 23 June 2017. \n \nFurther announcements will be made in due course.\n \nEnquiries:\n \n\n\n\n\nAvingtrans plc\nRoger McDowell, Chairman \nSteve McQuillan, Chief Executive Officer\nStephen King, Chief Financial Officer\n \n\n\n01354 692391\n\n\n\n\n\n\n\n\n\n\n\n\nN+1 Singer\n(Nominated Adviser)\nShaun Dobson \nLauren Kettle\n \n\n\n020 7496 3000\n\n\n\n\n\n\n\n\n\n\n\n\nNewgate\n(Financial PR)\nAdam Lloyd / Ed Treadwell\n\n\n0207 7653 9850\n\n\n\n\n \nAbout Avingtrans plc:\nAvingtrans is engaged in the provision of highly engineered components, systems and services to the energy, medical, industrial and traffic management industries worldwide. \n \nEnergy and Medical\n\n\n\n\n \nStainless Metalcraft Ltd - Chatteris, UK and Chengdu, China\n\n\n\n\nProvider of safety-critical equipment for the energy, medical, science and research communit...