Averon Park Limited - Rule 19.6(c) confirmation

Foresight group

30/07/2025 07:00

RNS Number : 0787T

Averon Park Limited

30 July 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

30 July 2025

 

AVERON PARK LIMITED ("AVERON PARK")

Rule 19.6(c) confirmation in respect of post-offer intention statements made in relation to Foresight Sustainable Forestry Company plc ("FSFC")

Averon Park announces that, further to the completion of the recommended acquisition for the entire issued and to be issued share capital of FSFC by Arizona Bidco Limited, a wholly owned indirect subsidiary of Averon Park, which was implemented by way of a scheme of arrangement under Part 26 of the Companies Act 2006 and became effective on 30 July 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 Averon Park has complied with its post-offer intention statements made pursuant to Rules 2.7(c)(viii) and 24.2 of the Code, as detailed in its announcement of 29 May 2024 and FSFC's scheme document published on 25 June 2024.

 

Enquiries:

Singer Capital Markets (Financial Adviser to Averon Park)
Alaina Wong
James Todd
Tel: +44 (0) 20 7496 3000
Averon Park
Matt Hammond
Charlie Wright
Anouska Morjaria
Tel: +44 (0) 20 3667 8100

 

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