Business
Statement re acquisition
Statement re acquisition.
About this update from Tp Icap Group Plc
[{"type":"text","content":"\n \nRNS Number : 5435Q Tullett Prebon PLC 01 March 2016 \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 OR REGULATIONS OF THAT JURISDICTION\n \nThis announcement is an advertisement for the purposes of the United Kingdom Prospectus Rules and not a prospectus and not an offer of securities for sale in any jurisdiction. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not purchase or subscribe for any shares referred to in this announcement except on the basis of information in the Prospectus (as defined below) to be published by Tullett Prebon plc later today. This announcement does not constitute an offer of securities for sale, or an offer to acquire or exchange securities in the United States or in any other jurisdiction.\n \n \n \nFOR IMMEDIATE RELEASE\n1 March 2016\n \n \n \nTullett Prebon plc\n \n \n \nUpdate on the proposed acquisition of ICAP's global hybrid voice broking and information business\n \n \n \nFurther to the announcement released on 11 November 2015 (the \"Announcement\") regarding the proposed acquisition by Tullett Prebon plc (\"Tullett Prebon\") of the global hybrid voice broking and information business of ICAP plc (\"ICAP\") including ICAP's associated technology and broking platforms (including iSwap and Fusion) and certain of ICAP's joint ventures and associates (\"IGBB\") (the \"Transaction\"), Tullett Prebon announces the combined class 1 circular and prospectus relating to the Transaction (the \"Prospectus\"), will be published later today. Tullett Prebon is also updating shareholders on the progress towards satisfying certain of the conditions to completion of the Transaction. Terms defined in the Announcement have the same meanings in this announcement.\n \nApprovals of the existing shareholders of Tullett Prebon and ICAP \nThe Prospectus will be dispatched to Tullett Prebon's existing shareholders on or around 2 March 2016, following publication later today. Tullett Prebon's shareholder vote will take place on 24 March 2016. A shareholder circular will be dispatche...