Aer Lingus Group PLC Aer Lingus response to UK Supreme Court (0433T)
July 14 2015 - 10:53AM
UK Regulatory
TIDMAERL
RNS Number : 0433T
Aer Lingus Group PLC
14 July 2015
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION
WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF
SUCH JURISDICTION
Aer Lingus Group plc ("Aer Lingus" or the "Company")
ISE: EIL1 LSE: AERL
Aer Lingus response to decision by
UK Supreme Court
Dublin & London, 14 July 2015: Aer Lingus Group plc ("Aer
Lingus") notes today's decision by the UK Supreme Court refusing
Ryanair's application for permission to appeal against the Court of
Appeal's judgment of 12 February 2015. That judgment upheld the UK
Competition Commission's ("CC") Report that ruled Ryanair's
shareholding in Aer Lingus to be anti-competitive and required it
to sell down its 29.82% stake in Aer Lingus to 5%.
For further information please visit www.aerlingus.com or
contact:
Investors & Analysts
Catherine McGuinness Aer Lingus Investor Relations Tel: +353 1 886 2892
Media
Declan Kearney Aer Lingus Communications Tel: +353 86 617 2702
The directors of Aer Lingus Group plc accept responsibility for
the information contained in this announcement relating to Aer
Lingus, the Aer Lingus Group, the directors of Aer Lingus and
members of their immediate families, related trusts and persons
connected with them. To the best of the knowledge and belief of the
directors of Aer Lingus (who have taken all reasonable care to
ensure that such is the case) the information contained in this
announcement is in accordance with the facts and does not omit
anything likely to affect the import of such information.
The release, publication or distribution of this announcement in
or into certain jurisdictions may restricted by the laws of those
jurisdictions. Accordingly, copies of this announcement and all
other announcements relating to the combination are not being, and
must not be, released, published, mailed or otherwise forwarded,
distributed or sent in, into or from any restricted jurisdiction.
Persons receiving such announcements (including, without
limitation, nominees, trustees and custodians) should observe these
restrictions. Failure to do so may constitute a violation of the
securities laws of any such jurisdiction. To the fullest extent
permitted by applicable law, the companies involved in the
combination disclaim any responsibility or liability for the
violations of any such restrictions by any person.
Under the provisions of Rule 8.3 of the Irish Takeover Rules, if
any person is, or becomes, "interested" (directly or indirectly) in
1% or more of any class of "relevant securities" of Aer Lingus, all
"dealings" in any "relevant securities" of Aer Lingus (including by
means of an option in respect of, or a derivative referenced to,
any such "relevant securities") must be publicly disclosed by not
later than 3:30 p.m. (Irish time) on the "business day" following
the date of the relevant transaction. This requirement will
continue until the date on which the Scheme becomes effective or on
which the "offer period" otherwise ends. If two or more persons
co-operate on the basis of any agreement either express or tacit,
either oral or written, to acquire an "interest" in "relevant
securities" of Aer Lingus, they will be deemed to be a single
person for the purpose of Rule 8.3 of the Irish Takeover Rules.
Under the provisions of Rule 8.1 of the Irish Takeover Rules, all
"dealings" in "relevant securities" of Aer Lingus by IAG or
"relevant securities" of IAG by Aer Lingus, or by any person
"acting in concert" with either of them must also be disclosed by
no later than 12 noon (Irish time) on the "business day" following
the date of the relevant transaction.
A disclosure table, giving details of the companies in whose
"relevant securities" "dealings" should be disclosed can be found
on the Irish Takeover Panel's website at www.irishtakeoverpanel.ie.
"Interests in securities" arise, in summary, when a person has long
economic exposure, whether conditional or absolute, to changes in
the price of securities. In particular, a person will be treated as
having an "interest" by virtue of the ownership or control of
securities, or by virtue of any option in respect of, or derivative
referenced to, securities. Terms in quotation marks are defined in
the Irish Takeover Rules, which can be found on the Irish Takeover
Panel's website.
If you are in any doubt as to whether or not you are required to
disclose a "dealing" under Rule 8, please consult the Irish
Takeover Panel's website at www.irishtakeoverpanel.ie or contact
the Irish Takeover Panel on telephone number +353 1 678 9020; fax
number +353 1 678 9289.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEALXLFSASEFF
Aer Lingus (LSE:AERL)
Historical Stock Chart
From May 2024 to Jun 2024
Aer Lingus (LSE:AERL)
Historical Stock Chart
From Jun 2023 to Jun 2024