Royal Bank of Scotland Group PLC Confirmation re stated post-offer intentions (9837A)
04 June 2019 - 12:33AM
UK Regulatory
TIDMRBS
RNS Number : 9837A
Royal Bank of Scotland Group PLC
03 June 2019
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
FOR IMMEDIATE RELEASE
3 June 2019
The Royal Bank of Scotland Group plc
Confirmation with Respect to Stated Post-Offer Intentions With
Regard to
FreeAgent Holdings Plc
The Royal Bank of Scotland Group plc ("RBS"), announces that
further to the completion of the recommended cash offer for the
entire issued and to be issued ordinary share capital of FreeAgent
Holdings Plc by its indirect subsidiary Silvermere Holdings
Limited, which was effected by way of a scheme of arrangement under
Part 26 of the Companies Act 2006 on 1 June 2018, its board of
directors has duly confirmed in writing to The Panel on Takeovers
and Mergers in accordance with the requirements of Rule 19.6(c) of
the Code that RBS has complied with its post-offer statements of
intent made pursuant to Rules 2.7(c)(iv) and 24.2 of the Code, as
originally detailed in its announcement of 27 March 2018 and the
scheme document published on 11 April 2018.
Enquiries:
RBS Investor Relations:
Alexander Holcroft
Head of Investor Relations
Tel: 0207 672 1758
Legal Entity Identifiers
The Royal Bank of Scotland 2138005O9XJIJN4JPN90
Group plc
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END
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