Whirlpool Corporation Rule 2.8 Announcement (8922Y)
September 11 2015 - 11:48AM
UK Regulatory
TIDMAGA
RNS Number : 8922Y
Whirlpool Corporation
11 September 2015
NOT 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 OF SUCH
JURISDICTION
THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY CODE
ON TAKEOVERS AND MERGERS (THE "CODE")
FOR IMMEDIATE RELEASE 11 SEPTEMBER 2015
Whirlpool Corporation ("Whirlpool")
No intention to make an offer for AGA Rangemaster Group plc
("AGA")
On 1 September 2015, Whirlpool confirmed that it had made an
approach regarding a possible offer for AGA. Whirlpool today
announces that, after full and careful consideration, it does not
intend to make an offer to acquire the entire issued and to be
issued ordinary share capital of AGA.
As a result of this announcement, Whirlpool will, except with
the consent of the Panel, be bound by the restrictions contained in
Rule 2.8 of the Code. However, Whirlpool reserves the right to make
or participate in an offer for AGA (and/or take any other action
which would otherwise be restricted under Rule 2.8 of the Code)
within the next six months following the date of this announcement
in the circumstances set out in Note 2 on Rule 2.8 of the Code.
Enquiries
Whirlpool Corporation
Media Line +1 269 923 7405
UBS Investment Bank
(Financial adviser to Whirlpool
Corporation) +44 (0)20 7567 8000
Jonathan Rowley
Elizabeth Tietz
Additional Information
UBS Limited is authorised by the Prudential Regulation Authority
and regulated by the Financial Conduct Authority and the Prudential
Regulation Authority in the United Kingdom.
UBS Limited is acting as financial adviser, via its agent
(within the meaning of Rule 15a-6 under the Securities Exchange Act
of 1934) UBS Securities LLC, to Whirlpool Corporation and no one
else in connection with the matters set out in this announcement
and will not be responsible to anyone other than Whirlpool
Corporation for providing the protections offered to clients of UBS
Limited nor for providing advice in relation to the matters set out
in this announcement.
In accordance with Rule 26.1 of the Code, a copy of this
announcement will be available on Whirlpool's website at
www.whirlpoolcorp.com/agarangemaster by no later than 12 noon
(London time) on 14 September 2015. For the avoidance of doubt, the
contents of this website are not incorporated into and do not form
part of this announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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