International Cons Airlines Group Aer Lingus Offer Update (5724O)
29 May 2015 - 3:25AM
UK Regulatory
TIDMIAG
RNS Number : 5724O
International Cons Airlines Group
28 May 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 OR REGULATIONS OF THAT
JURISDICTION.
28 May 2015
AER LINGUS OFFER UPDATE
International Consolidated Airlines Group, SA (IAG) welcomes
today's decision by the Dail Eireann to approve the general
principles of the sale of the Irish Government's shareholding in
Aer Lingus (the Approval).
On 26 May 2015, IAG announced the terms of a recommended cash
offer to be made by AERL Holding Limited, a wholly-owned subsidiary
of IAG, for the entire issued and to be issued ordinary share
capital of Aer Lingus, pursuant to Rule 2.5 of the Irish Takeover
Rules (Rule 2.5 Announcement).
The Approval was a condition of the Offer.
The Offer remains subject to the remaining conditions outlined
in Appendix I of the Rule 2.5 Announcement.
Defined terms which are not defined in this announcement have
the same meaning as given to them in the Rule 2.5 Announcement.
IAG Investor Relations
The Directors of IAG accept responsibility for the information
contained in this announcement. To the best of their knowledge and
belief (having taken all reasonable care to ensure that such is the
case), the information contained in this announcement for which
they accept responsibility is in accordance with the facts and does
not omit anything likely to affect the import of such
information.
A person interested in (as defined in the Irish Takeover Rules)
1% or more of any class of relevant securities of Aer Lingus may
have disclosure obligations under Rule 8.3 of the Irish Takeover
Rules, effective from the date of this announcement.
A copy of this announcement will be available on the IAG website
at www.iagshares.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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