Madison Dearborn Partners, LLC Statement re Equals Group plc
June 12 2024 - 2:00AM
RNS Regulatory News
RNS Number : 0498S
Madison Dearborn Partners, LLC
12 June 2024
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION
IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH
JURISDICTION.
THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8
OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE").
FOR IMMEDIATE
RELEASE.
12 June 2024
Statement Regarding Equals Group
plc
Madison Dearborn Partners, LLC ("MDP") confirms
that it does not intend to make an offer for Equals Group plc
("Equals") under Rule 2.7 of the Code.
This is a statement to which Rule 2.8 of the
Code applies.
Under Note 2 on Rule 2.8 of the Code, MDP and
any person(s) acting in concert with it, reserves the right to set
the restrictions in Rule 2.8 aside within six months of the date of
this announcement, in the following circumstances:
(a) with the
agreement of the board of Equals;
(b) if a third
party, including the consortium comprising Embedded Finance Limited
and TowerBrook Capital Partners (U.K.) LLP, announces a firm
intention to make an offer for Equals;
(c) if Equals
announces a Rule 9 waiver proposal (as referred to in Note 1 of the
Notes on Dispensations from Rule 9) or a reverse takeover (as
defined in the Code); and
(d) if there has
been a material change of circumstances (as determined by the
Takeover Panel).
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
STRFFLLFZQLBBBK
Equals (LSE:EQLS)
Historical Stock Chart
From Aug 2024 to Sep 2024
Equals (LSE:EQLS)
Historical Stock Chart
From Sep 2023 to Sep 2024