REG - Hg Pooled Management Ideagen PLC - Rule 19.6(c) Confirmation

Northern 2 VCTAnnouncement

07/07/2023 08:15

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RNS Number : 2198F  Hg Pooled Management Limited  07 July 2023

THE 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

 

 

7 July 2023

 

 

RAINFOREST BIDCO LIMITED ("BIDCO")

 

 

Rule 19.6(c) confirmation with respect to stated post-offer intentions with
regard to Ideagen PLC ("Ideagen")

 

 

Bidco announces that, further to the completion of its recommended cash offer
for the entire issued and to be issued ordinary share capital of Ideagen,
which was effected by way of a scheme of arrangement under Part 26 of the
Companies Act 2006 on 7 July 2022, 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 City Code on Takeovers and Mergers (the "Code") that Bidco has
taken the courses of action stated in its post-offer statements of intent made
pursuant to Rules 2.7(c)(iv), 19.6 and 24.2 of the Code, as originally
detailed in its 2.7 announcement dated 9 May 2022 and the scheme document
published on 28 May 2022.

 

 

Enquiries:

 

Hg

Tom Eckersley                         +44 (0)20 8148
5401

 

 

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