REG - Future PLC - Further re Rule 19.6(c) confirmation

FutureAnnouncement

17/02/2022 07:00

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RNS Number : 9151B  Future PLC  17 February 2022

THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE
19.6(C) OF THE TAKEOVER CODE (THE "CODE") WHICH, AMONGST OTHER THINGS,
REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF THE PERIOD
OF 12 MONTHS FROM THE END OF THE OFFER PERIOD CONFIRMING WHETHER IT HAS TAKEN,
OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.

 

For immediate release

 

17 February 2022

 

FUTURE plc

 

Rule 19.6(c) confirmation with respect to stated post-offer intentions for
GoCo Group

 

Future plc ("Future") announces that, further to the completion of the
recommended cash and share offer by Future for the entire issued and to be
issued share capital of GoCo Group plc (the "Combination") which was
implemented by a Court-sanctioned scheme of arrangement under Part 26 of the
Companies Act 2006 and became effective on 17 February 2021, Future has duly
confirmed in writing to the Takeover Panel in accordance with the requirements
of Rule 19.6(c) of the Code that Future has complied, subject to the matter
disclosed in the following paragraph, with the post-offer intention statements
made pursuant to Rules 2.7(c)(iv) and 24.2 of the Code, as originally detailed
in its announcement of 25 November 2020 and the scheme document published on
14 December 2020.

 

In such announcement and scheme document Future stated its intention to retain
Future's existing offices in London at Paddington and Canary Wharf.
Following a review of working patterns after the lifting of Covid
restrictions, a decision was made to consolidate Future's London premises in
Paddington and, accordingly, the Canary Wharf office was closed in December
2021 with no impact on employee headcount.

 

 Enquiries:

 

 Future plc                                 +44 (0) 1225 442244

 Zillah Byng-Thorne, Chief Executive Officer
 Penny Ladkin-Brand, Chief Financial Officer
 Marion Le Bot, Head of Investor Relations  +44 (0) 7775 641509

 Numis Securities                           +44 (0) 20 7260 1000

 Nick Westlake, Mark Lander, Alec Pratt, Hugo Rubinstein

 J.P. Morgan Cazenove                       +44 (0) 20 7742 4000

 Bill Hutchings, Matt Smith, Mose Adigun

 Headland Consultancy                       +44 (0) 20 3805 4822

 Stephen Malthouse, Rob Walker, Charlie Twigg

 future@headlandconsultancy.com

 

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