MOSB.L

Moss Bros Group Plc
Moss Bros Group - Response to the ruling of the Takeover Panel
20th May 2020, 06:37
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RNS Number : 4608N
Moss Bros Group PLC
20 May 2020
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

 

FOR IMMEDIATE RELEASE

 

20 May 2020

 

Moss Bros Group plc

 

Response to the ruling of the Takeover Panel Executive

 

The Board of Moss Bros Group plc ("Moss Bros" or the "Company") welcomes the announcement by the Takeover Panel Executive (the "Panel Executive") of its ruling that Brigadier Acquisition Company Limited ("Brigadier") may not invoke certain conditions of its offer for Moss Bros in order to lapse its offer (the "Ruling").

 

The Panel Executive has provided Brigadier with a short period of time to decide whether to request a review of the Ruling by the Hearings Committee of the Takeover Panel.

 

The Company will make a further announcement as appropriate. 

 

 

Enquiries:




Moss Bros

Via Buchanan

Colin Porter, Chairman


Brian Brick, CEO


Bill Adams, CFO


   


Peel Hunt LLP (Lead Financial Adviser and Rule 3 Adviser to Moss Bros)

Tel:  020 7418 8900

George Sellar


Michael Nicholson




Rothschild & Co (Joint Financial Adviser to Moss Bros)

Tel:  020 7280 5000

John Byrne


Andrew Graham




Buchanan (Financial PR Adviser to Moss Bros)

Tel:  020 7466 5000

Charles Ryland




Important notices

 

Peel Hunt LLP ("Peel Hunt"), which is authorised and regulated in the United Kingdom by the FCA, is acting exclusively for Moss Bros and no-one else in connection with the matters set out in this announcement, and will not be responsible to anyone other than Moss Bros for providing the protections afforded to clients of Peel Hunt or for providing advice in connection with the Offer or any matter or arrangement referred to herein.

 

N.M. Rothschild & Sons Limited ("Rothschild & Co"), which is authorised and regulated by the FCA in the United Kingdom, is acting exclusively for Moss Bros and for no one else in connection with the Offer and will not be responsible to anyone other than Moss Bros for providing the protections afforded to its clients or for providing advice in connection with the Offer.

 

 


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