Advancedadvt Limited Response to Next Fifteen offer for M&C Saatchi (2371M)
20 Maio 2022 - 3:17AM
UK Regulatory
TIDMADVT TIDMSAA
RNS Number : 2371M
Advancedadvt Limited
20 May 2022
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR PART,
IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
20 May 2022
AdvancedAdvT Limited
("AdvancedAdvT")
Response to Next Fifteen Communications plc offer for M&C
Saatchi plc
The board of AdvancedAdvT notes today's announcement by Next
Fifteen Communications plc regarding its offer for M&C Saatchi
plc.
The board of AdvancedAdvT is considering its options. A further
announcement will be made as and when appropriate.
Together, AdvancedAdvT and Vin Murria own 22.3% of M&C
Saatchi plc's issued share capital.
Enquiries:
+44 ( 0) 20 7004
AdvancedAdvT Limited 2700
Antoinette Vanderpuije
+44 (0)20 7597
Investec Bank plc 5970
Christopher Baird, Alex Wright, Carlton Nelson,
Nick Prowting
Meare Consulting +44 (0)7990 858548
Adrian Duffield
Further Information
Terms not defined in this announcement shall have the meaning
given to them in the firm offer announcement released by
AdvancedAdvT on 17 May 2022.
This announcement is for information purposes only and is not
intended to and does not constitute, or form part of, an offer,
invitation or the solicitation of an offer or invitation to
purchase, or otherwise acquire, subscribe for, sell or otherwise
dispose of any securities, or the solicitation of any vote or
approval in any jurisdiction pursuant to the Offer or otherwise,
nor shall there be any sale, issuance or transfer of securities of
M&C Saatchi pursuant to the Offer or otherwise in any
jurisdiction in contravention of applicable laws.
Investec, which is authorised by the Prudential Regulation
Authority (the "PRA") and regulated by the Financial Conduct
Authority and PRA in the United Kingdom, is acting exclusively as
financial adviser to ADV and for no one else in connection with the
Offer and will not be responsible to any person other than ADV for
providing the protections afforded to clients of Investec, nor for
providing advice in relation to the Offer, the content of this
announcement or any matter referred to in this announcement.
Neither Investec nor any of its subsidiaries, branches or
affiliates owes or accepts any duty, liability or responsibility
whatsoever (whether direct or indirect, whether in contract, in
tort, under statute or otherwise) to any person who is not a client
of Investec in connection with this announcement, any statement
contained herein or otherwise.
Overseas Jurisdictions
The release, publication or distribution of this announcement in
jurisdictions other than the United Kingdom may be restricted by
law and therefore any persons who are subject to the laws of any
jurisdiction other than the United Kingdom should inform themselves
about and observe any applicable requirements. This announcement
has been prepared for the purpose of complying with English law and
the Code and the information disclosed may not be the same as that
which would have been disclosed if this announcement had been
prepared in accordance with the laws of jurisdictions outside the
United Kingdom. Copies of this announcement and any formal
documentation relating to the Offer are not being, and must not be,
directly or indirectly, mailed or otherwise forwarded, distributed
or sent in or into or from any Restricted Jurisdiction and persons
receiving such documents (including custodians, nominees and
trustees) must not mail or otherwise forward, distribute or send it
in or into or from any Restricted Jurisdiction.
The Offer will be subject to the applicable requirements of the
Code, the AIM Rules, the London Stock Exchange and the FCA.
Publication on website
In accordance with Rule 26 of the Takeover Code, a copy of this
announcement will be made available, subject to certain
restrictions relating to persons resident in Restricted
Jurisdictions, on ADV's website at www.AdvancedAdvT.com by no later
than noon (London time) on the day following this announcement. The
content of this website is not incorporated into and does not form
part of this announcement.
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
RSPGLGDUSBDDGDG
(END) Dow Jones Newswires
May 20, 2022 02:17 ET (06:17 GMT)
Advancedadvt (LSE:ADVT)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Advancedadvt (LSE:ADVT)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024