NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
FOR IMMEDIATE RELEASE
1 November 2023
Recommended cash acquisition of
Ergomed plc
by
Eden AcquisitionCo Limited
(a newly incorporated company controlled and owned by funds advised by Permira Advisers LLC)
to be implemented by means of a scheme of arrangement of Ergomed plc under Part 26 of the Companies Act 2006
EXERCISE OF OPTIONS, ISSUE OF EQUITY AND RULE 2.9 ANNOUNCEMENT
Ergomed plc (LSE: ERGO) ("Ergomed" or the "Company"), announces that the Company has allotted and issued a total of 1,400 new ordinary shares of 1p each in the Company ("New Ordinary Shares"). The issue of the New Ordinary Shares follows the exercise of 1,400 options by certain employees.
As a result of the exercise of options, the New Ordinary Shares have been issued out of the existing block listing that was originally admitted to the London Stock Exchange on 2 July 2018. The New Ordinary Shares rank pari passu with the existing shares of the Company.
In accordance with Rule 2.9 of the City Code on Takeovers and Mergers, Ergomed confirms that, on 1 November 2023 (the date of this announcement), it has 51,064,505 ordinary shares of 1p each in issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
The International Securities Identification Number for Ergomed Shares is GB00BN7ZCY67.
Ergomed Miroslav Reljanović (Executive Chairman) Jonathan Curtain (Chief Financial Officer) Keith Byrne (Senior Vice President, Capital Markets and Strategy) |
+44 (0) 1483 402 975
|
Jefferies (Joint financial adviser to Ergomed) Michael Gerardi Matthew Miller Paul Bundred James Umbers |
+44 (0) 20 7029 8000
|
Numis (Joint financial adviser, Nominated adviser and Joint Broker to Ergomed) Freddie Barnfield Stuart Ord Alexander Kladov Euan Brown |
+44 (0) 20 7260 1000 |
Peel Hunt (Joint Broker to Ergomed) James Steel John Welch Dr Christopher Golden |
+44 (0) 20 7418 8900 |
Consilium Strategic Communications (PR adviser to Ergomed) Chris Gardner Matthew Neal |
+44 (0) 20 3709 5700 |
The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law. Persons who are not resident in the
Jefferies International Limited ("Jefferies"), which is authorised and regulated by the Financial Conduct Authority in the
Numis Securities Limited ("Numis") which is authorised and regulated by the Financial Conduct Authority in the
Peel Hunt LLP ("Peel Hunt") which is authorised and regulated by the Financial Conduct Authority in the
About Ergomed plc
Ergomed provides specialist services to the pharmaceutical industry spanning all phases of clinical development, post-approval pharmacovigilance and medical information. Ergomed's fast-growing services business includes an industry-leading suite of specialist pharmacovigilance (PV) solutions, integrated under the PrimeVigilance brand, a full range of high-quality clinical research and trial management services under the Ergomed brand (CRO) and mission-critical regulatory compliance and consulting services under the ADAMAS brand. For further information, visit: http://ergomedplc.com.
Dealing Disclosure Requirements
Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (
Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s), save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (
If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.
Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).
Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.
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