Aberforth Partners Statement re Disclosure under Rule 2.11(c)
July 04 2016 - 7:04AM
UK Regulatory
TIDMWLG
ABERFORTH PARTNERS LLP
Disclosure under Rule 2.11(c) of The City Code on Takeovers and Mergers
Aberforth Partners LLP ("Aberforth") provided a non-binding letter of intent to
News Corp UK & Ireland Limited on 29 June 2016 regarding the proposed
acquisition of Wireless Group plc, as referred to in the announcement of the
recommended cash offer on 30 June 2016. The non-binding letter of intent was
for 5,495,041 ordinary shares of 10p in Wireless Group plc, of which Aberforth
held voting authority over 2,876,972 ordinary shares of 10p.
In accordance with Rule 2.11(c) of The City Code on Takeovers and Mergers,
Aberforth announces that following a disposal it no longer intends to comply
with this letter of intent in respect of 490,000 ordinary shares (over which it
had voting authority of 256,800 ordinary shares) in Wireless Group plc, on
behalf of clients.
The non-binding letter of intent issued on 29 June 2016 still applies to
5,005,041 ordinary shares in Wireless Group plc, of which Aberforth holds
voting authority over 2,620,172 ordinary shares.
Aberforth Partners LLP
4 July 2016
END
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