TIDMMAI

RNS Number : 6410M

Daisy Intermediate Holdings Limited

22 January 2021

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 UK CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE")

22 January 2021

Daisy Intermediate Holdings Limited

("Daisy")

Statement regarding Maintel Holdings plc

Further to press speculation in relation to a possible offer by Daisy for Maintel Holdings plc ("Maintel"), Daisy confirms that it does not intend to make an offer for Maintel.

For the purposes of Rule 2.8 of the Code, Daisy, and any person(s) acting in concert with it, reserve the right to make or participate in an offer or possible offer for Maintel (and/or take any other action which would otherwise be restricted under Rule 2.8 of the Code) within 6 months of the date of this announcement:

   a.   with the agreement of the board of directors of Maintel; 

b. following the announcement of a firm intention to make an offer for Maintel by or on behalf of a third party;

c. following the announcement by Maintel of a proposal for a "whitewash" (as referred to in Note 1 of the Notes on Dispensations from Rule 9 of the Code) or for a reverse takeover (as defined in the Code); or

d. where the Panel on Takeovers and Mergers has determined that there has been a material change of circumstances.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

SPCUUSURAVUAUAR

(END) Dow Jones Newswires

January 22, 2021 07:49 ET (12:49 GMT)

Maintel (LSE:MAI)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Maintel Charts.
Maintel (LSE:MAI)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Maintel Charts.