Threadneedle Asset Mgmt Hldgs Ltd Rule 2.11(c) Announcement (4537O)
August 18 2017 - 9:31AM
UK Regulatory
TIDMPAYS
RNS Number : 4537O
Threadneedle Asset Mgmt Hldgs Ltd
18 August 2017
Columbia Threadneedle Investments
Disclosure under Rule 2.11(c) of The City Code on Takeovers and
Mergers
Columbia Threadneedle Investments ("Columbia Threadneedle")
provided a non-binding letter of intent to Pi UK Bidco Limited
(Bidco) on 03 August 2017 regarding the proposed acquisition of
Paysafe Group plc.
In accordance with Rule 2.11(c) of The City Code on Takeovers
and Mergers, Columbia Threadneedle announces that following
disposals to date it no longer intends to fully comply with this
letter of intent in respect of 7,897,763 ordinary shares in Paysafe
Group plc, on behalf of its clients.
The non-binding letter of intent issued on 03 August 2017 still
applies to 7,148,209 ordinary shares in Paysafe Group plc.
Columbia Threadneedle Investments
18 August 2017
This information is provided by RNS
The company news service from the London Stock Exchange
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