Hartest Holdings Plc - extension to PUSU deadline
December 31 2009 - 4:17AM
UK Regulatory
TIDMHTH
RNS Number : 8791E
Takeover Panel
31 December 2009
? 2009/33
HARTEST HOLDINGS PLC
("HARTEST")
DELTA CONTROLS LIMITED
("DELTA CONTROLS")
On 23 November 2009, the Panel Executive announced that it had ruled that Delta
Controls must, by 1.00pm on 31 December 2009, either announce a firm intention
to make an offer for Hartest under Rule 2.5 of the Code or announce that it does
not intend to make an offer for Hartest.
Following representations made by the advisers to Hartest, and having consulted
with the advisers to Delta Controls, the Panel Executive has ruled that the
deadline by which Delta Controls must either announce a firm intention to make
an offer for Hartest under Rule 2.5 of the Code or announce that it does not
intend to make an offer for Hartest should be extended to 5.00pm on Monday, 1
February 2010. No extension to the revised deadline will be granted, except with
the consent of the Panel Executive.
In the event that Delta Controls announces that it does not intend to make an
offer for Hartest, Delta Controls and any person(s) acting in concert with it
will, except with the consent of the Panel Executive, be bound by the
restrictions contained in Rule 2.8 of the Code for six months from the date of
such announcement.
Each of the parties has accepted this ruling.
31 December 2009
This information is provided by RNS
The company news service from the London Stock Exchange
END
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