Business
Post Offer Intention Statements
Post Offer Intention Statements.
About this update from Tt Electronics Plc
[{"type":"text","content":"\n \nRNS Number : 6184W TT Electronics PLC 18 April 2019 \n\nTHE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE \"CODE\"), WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.\n \n18 April 2019\nTT ELECTRONICS PLC\n \nRule 19.6(c) confirmation with respect to stated post-offer intentions with regard to Stadium Group plc\n \nTT Electronics plc (\"TT\") announces that, further to the completion of its recommended cash acquisition of the entire issued and to be issued share capital of Stadium Group plc, which was effected by way of a scheme of arrangement under Part 26 of the Companies Act 2006 on 18 April 2018, it has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of the Code that TT has complied with its post-offer statements of intent made pursuant to Rule 24.2 of the Code, as originally detailed in the scheme document published on 15 March 2018, and as subsequently revised in TT's announcement of 28 January 2019.\n \n\n\n\nFor further information please contact:\n\n\n \n\n\n\n\nTT Electronics plc\n\n\nTel: +44 (0)1932 825 300\n\n\n\n\nRichard Tyson, Chief Executive Officer\nMark Hoad, Chief Financial Officer\nLynton Boardman, Group General Counsel/Company Secretary\n\n\n\n\nRothschild & Co (Financial Adviser)\n\n\nTel: +44 (0)20 7280 5000\n\n\n\n\nNeil Thwaites\n\n\n \n\n\n\n\nNumis (Corporate Broker)\n\n\nTel: +44 (0) 20 7260 1000\n\n\n\n\nLuke Bordewich\n\n\n \n\n\n\n\nMichael Burke\n\n\n \n\n\n\n\nMHP (PR Adviser)\n\n\nTel: +44 (0)20 3128 8100\n\n\n\n\nTim Rowntree \n\n\n\n \nAbout TT Electronics\nTT Electronics is a global provider of engineered electronics for performance critical applications.\nThe company operates in industries where there are structural growth drivers, working with market-leading customers in industrial, medical, aerospace and defence, and transportation sectors. Products designed and manufactured include sensors, power management devices and connectivity solutions. TT has design and manufacturing...