Business
Disclosure under Rule 20.1
Disclosure under Rule 20.1.
About this update from Mindflair Plc
[{"type":"text","content":"\n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.\n \n \n \n \n FOR IMMEDIATE RELEASE\n \n \n \n 22 June 2022\n \n \n \n Disclosure under Rule 20.1 in respect of\n \n \n \n \n Recommended All-Share Offer\n \n \n \n \n for\n \n \n \n \n Pires Investments plc (\n \n \n \"\n Pires\n \n \n \"\n )\n \n \n \n \n by\n \n \n \n \n Tern plc (\n \n \n \"\n Tern\n \n \n \"\n )\n \n \n \n \n to be implemented by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006\n \n \n \n On 1 June\n 2022\n , it was announced that the Tern Directors and Pires Directors had reached agreement on the terms of a recommended all-share offer by Tern for the issued and to be issued share capital of Pires, to be effected by means of a court-sanctioned scheme of arrangement between Pires and Pires Shareholders under Part 26 of the Companies Act 2006 (the \"Acquisition\")(the \"2.7 Announcement\").\n \n \n \n Publication of presentation\n \n \n \n In accordance with Rule 20.1 of the Code, the Pires Directors announce that a presentation on Pires and the rationale for the Acquisition has been posted to the Company's website,\n www.piresinvestments.com\n .\n \n \n Words and expressions defined in the 2.7 Announcement shall, unless the context provides otherwise, have the same meanings in this announcement.\n \n \n \n \n \n Enquiries:\n \n \n \n \n \n \n \n \n \n \n Pires Investments\n \n plc\n \n \n Nicholas Lee, Non-Executive Director\n \n \n \n \n \n \n \n \n +44 (0) 20 3368 8961\n \n \n \n \n \n \n \n \n Cairn Financial Advisers LLP\n \n \n \n \n Financial Adviser, Rule 3 Adviser and Nominated Adviser to Pires\n \n \n \n James Lewis / Liam Murray / Ludovico Lazzaretti\n \n \n \n \n \n \n \n \n \n \n +44 (0)\n \n 20 7213 0880\n \n \n \n \n \n \n \n Peterhouse Capital Limited\n \n \n \n \n Joint Broker to Pires\n \n \n \n Duncan Vasey / Lucy Williams\n \n \n \n \n \n \n \n \n \n \n +44 (0) 20 7469 0935\n \n \n \n \n \n \n \n \n Tennyson Securities\n \n \n \n \n Joint Broker to Pires\n \n \n \n Peter Krens\n \n \n \n \n \n +44 (0) 20 3167 7221\n \n \n \n \n \n \n \n Yellow Jersey PR\n \n \n \n PR advisers to ...