Business
Statement Regarding musicMagpie plc
Statement Regarding musicMagpie plc.
About this update from Bt Group Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION\nFOR IMMEDIATE RELEASE\n27 November 2023\nStatement Regarding musicMagpie plc\nBT Group confirms that it is not intending to make an offer for musicMagpie plc.\nThis is a statement to which Rule 2.8 of the Takeover Code (the \"Code\") applies.\nUnder Note 2 on Rule 2.8 of the Code, BT Group reserves the right to set the restrictions in Rule 2.8 aside in the following circumstances:\n(a) with the agreement of the board of musicMagpie plc;\n(b) if a third party announces a firm intention to make an offer for musicMagpie plc;\n(c) if musicMagpie plc announces a Rule 9 waiver proposal (see Note 1 of the Notes on Dispensations from Rule 9) or a reverse takeover (as defined in the Code); and\n(d) if there has been a material change of circumstances (as determined by the Takeover Panel).\nFor further information, please contact:\nBT Group\nInvestor relations:\nMark Lidiard Tel: 0800 389 4909\nPublication on website\nA copy of this announcement will be made available, subject to certain restrictions relating to persons resident in restricted jurisdictions, on BT Group's website at www.bt.com/about/investors/financial-reporting-and-news For the avoidance of doubt, the contents of that website is not incorporated into and does not form part of this announcement.\nENDS\n \n \nAbout BT Group\nBT Group is the UK's leading provider of fixed and mobile telecommunications and related secure digital products, solutions and services. We also provide managed telecommunications, security and network and IT infrastructure services to customers across 180 countries.\nBT Group consists of three customer-facing units: Consumer serves individuals and families in the UK; Business covers compan...