Manroy PLC Extension to deadline (7218B)
March 07 2014 - 1:00AM
UK Regulatory
TIDMMAN
RNS Number : 7218B
Manroy PLC
07 March 2014
Friday 7 March, 2014
Manroy PLC
Extension to deadline
Manroy PLC
7 March 2014
Manroy PLC
("Manroy" or "the Company")
Extension to deadline
This announcement is not an announcement of a firm intention to
make an offer under Rule 2.7 of the City Code on Takeovers and
Mergers (the "Code") and there can be no certainty that an offer
will be made, nor as to the terms on which any offer will be
made.
Extension to deadline in accordance with Rule 2.6(c) of the
Code.
On 14 February 2014, the Company announced that, in accordance
with Rule 2.6(a) of the Code, each of Herstal SA ("Herstal") and
Beretta Holding S.p.A ("Beretta") must, by not later than 5.00 p.m.
on 7 March 2014, either announce a firm intention to make an offer
for the Company in accordance with Rule 2.7 of the Code or announce
that it does not intend to make an offer, in which case the
announcement will be treated as a statement to which Rule 2.8 of
the Code applies. The Company also announced that it could approach
the Panel for a further extension to this deadline in due course in
accordance with Rule 2.6(c) of the Code.
Following such a request from the Board of Manroy, the Panel has
consented to an extension of the deadline to 5.00 p.m. on 31 March
2014 by which time each of Herstal and/or Beretta must either
announce a firm intention to make an offer for the Company or
announce that it does not intend to make an offer for the Company.
This deadline will only be extended with the consent of the Panel
in accordance with Rule 2.6(c) of the Code.
The Company remains in active discussions with Herstal. The
discussions with Beretta are not active but have not been
terminated.
There can be no certainty that an offer will be made for the
Company, nor as to the terms on which any offer may be made.
Enquiries:
Manroy Plc Tel: 01252 874177
Glyn Bottomley, Chief Executive
Opus Corporate Finance Tel: 020 7025 3600
(Financial Adviser and Rule 3 Adviser)
Malcolm Strang / John McElroy
Allenby Capital Tel: 020 3328 5656
(Nomad & Corporate Broker)
Mark Connelly/ Alex Price
Bankside Tel: 020 7367 8888
(PR Adviser)
Richard Pearson/ Simon Rothschild
DISCLAIMER
Opus Corporate Finance LLP ("Opus"), which is regulated in the
United Kingdom by The Financial Conduct Authority, is acting for
the Company in relation to the matters described in this
announcement and is not advising any other person, and accordingly
will not be responsible to anyone other than the Company for
providing the protections afforded to customers of Opus or for
providing advice in relation to the matters described in this
announcement.
Allenby Capital Limited ("Allenby Capital"), which is regulated
in the United Kingdom by The Financial Conduct Authority, is acting
for the Company in relation to the matters described in this
announcement and is not advising any other person, and accordingly
will not be responsible to anyone other than the Company for
providing the protections afforded to customers of Allenby Capital
or for providing advice in relation to the matters described in
this announcement.
A copy of this announcement will be made available (subject to
certain restrictions relating to persons resident in restricted
jurisdictions) at www.manroy.com by no later than 12.00 noon
(London Time) on 10 March 2014, being the first business day
following the date of this announcement.
This information is provided by RNS, the company news service
from the London Stock Exchange.
END
This information is provided by RNS
The company news service from the London Stock Exchange
This information is provided by RNS
The company news service from the London Stock Exchange
END
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