REG - H.I.G. European Cap. DX (Group) - Rule 19.6(c) Confirmation

DX (Group)Announcement

29/01/2025 08:15

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RNS Number : 8604U  H.I.G.European Capital Partners LLP  29 January 2025

THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE
19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE"), WHICH, INTER
ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A
PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING
WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED
INTENTIONS

FOR IMMEDIATE RELEASE

 

29 January 2025

Transit Bidco Limited ("Bidco"), an indirectly wholly-owned subsidiary of
funds advised or managed by H.I.G. Capital LLC ("H.I.G.") or its affiliates,
as advised or subadvised by H.I.G. European Capital Partners LLP

Rule 19.6(c) confirmation in respect of post-offer intention statements made
in relation to DX (Group) plc ("DX")

 

Bidco announces that, further to the completion of its recommended cash
acquisition of the entire issued and to be issued share capital of DX, which
was implemented by way of a scheme of arrangement under Part 26 of the
Companies Act 2006 and which became effective on 29 January 2024, it has duly
confirmed in writing to The Panel on Takeovers and Mergers in accordance with
the requirements of Rule 19.6(c) of the Code that Bidco has complied with its
respective post-offer intention statements made pursuant to Rules 2.7(c)(viii)
and 24.2 of the Code, as detailed in its announcement of 16 November 2023 and
scheme document published on 11 December 2023.

Enquiries

Bidco

Paul Ibbetson, Group CEO

Deutsche Numis (Sole Financial Adviser to Bidco)

Stuart Skinner, Alec Pratt, William Wickham, Alexander Kladov

T: +44 (0) 20 7260 1000

 

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