Business
Acquisition of shares in TP Group plc
Acquisition of shares in TP Group plc.
About this update from Science Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3738J\n Science Group PLC\n 20 August 2021\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 20 August 2021\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.\n \n \n \n \n \n THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 7.1 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE \"CODE\") AND DOES NOT CONSTITUTE A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CODE. THERE CAN BE NO CERTAINTY THAT ANY FIRM OFFER WILL BE MADE.\n \n \n \n \n \n \n \n \n FOR IMMEDIATE RELEASE\n \n \n \n \n \n \n \n \n Acquisition of shares in TP Group plc (\"TP Group\" or the \"Company\")\n \n \n \n \n \n In accordance with Rule 7.1 of the Takeover Code, Science Group confirms that it has acquired 58,750,000 shares in TP Group at 6.5p per share. Following this acquisition, Science Group is interested in 139,621,829 shares in TP Group representing 17.9% of the issued voting share capital.\n \n \n \n \n \n End\n \n \n \n \n \n \n Science Group plc \n \n Tel: +44 (0) 1223 875 200\n \n \n Martyn Ratcliffe, Chairman \n www.sciencegroup.com \n \n \n \n \n \n \n Stifel Nicolaus Europe Limited (Financial Adviser,\n \n Tel: +44 (0) 20 7710 7600\n \n \n Nominated Adviser and Joint Broker) \n \n \n Nick Adams, Alex Price, Richard Short \n \n \n \n \n \n \n Liberum Capital Limited (Joint Broker) \n \n Tel: +44 (0) 20 3100 2000\n \n \n Neil Patel, Cameron Duncan \n \n \n \n \n \n \n MHP Communications (PR Adviser to Science Group\n ) Tel: +44 (0) 20 3128 8793\n \n Reg Hoare\n \n \n \n \n \n Further information\n \n \n This announcement is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote in any jurisdiction.\n \n \n The release, publication or distribution of this announcement in jurisdictions outside the United Kingdom may be restricted by law and therefore persons into whose possession this annou...