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REG - Kohlberg Kravis R. GlobalData PLC - Rule 2.8 Announcement

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RNS Number : 3823K  Kohlberg Kravis Roberts & Co LP  28 May 2025

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, 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.

THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY CODE ON TAKEOVERS
AND MERGERS (THE "CODE").

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.

 

For immediate
release
 

28 May 2025

 

No intention to make an offer for GlobalData Plc

 

Further to the announcement made by GlobalData plc ("GlobalData") on 30 April
2025 regarding a possible offer for GlobalData, Kohlberg Kravis Roberts &
Co. L.P., acting in its capacity as advisor to its affiliated investment funds
and separately managed accounts ("KKR"), confirms that it does not intend to
make a firm offer for GlobalData.

 

This is a statement to which Rule 2.8 of the Code applies. Accordingly, KKR
and any person(s) acting in concert with it will, except with the consent of
the Panel on Takeovers and Mergers (the "Takeover Panel"), be bound by the
restrictions set out in Rule 2.8 of the Code.  Under Note 2 of Rule 2.8 of
the Code, KKR, and any person(s) acting in concert with it, reserves the right
to set the restrictions in Rule 2.8 of the Code aside in the following
circumstances:

a)   with the agreement of the Board of Directors of GlobalData;

b)   following the announcement of a firm intention to make an offer for
GlobalData by, or on behalf of, a third party;

c)   following the announcement by GlobalData of a Rule 9 waiver proposal
(as described in Note 1 of the Notes on Dispensations from Rule 9 of the
Code), or a reverse takeover (as defined by the Code); or

d)   where the Takeover Panel has determined that there has been a material
change in circumstances.

KKR also reserves the right to acquire shares of GlobalData, subject to, and
in accordance with, the Code and other applicable regulations.

ENQUIRIES

 

FGS Global (PR Adviser to KKR)
 
+44 (0) 20 7251 3801 /

Faeth
Birch
KKR-LON@fgsglobal.com

Alastair Elwen

 

Important notices

This announcement is not intended to, and does not, constitute or form part of
any offer, invitation or the solicitation of an offer to purchase, otherwise
acquire, subscribe for, sell or otherwise dispose of, any securities, or the
solicitation of any vote or approval in any jurisdiction, whether pursuant to
this announcement or otherwise. Any offer, if made, will be made solely by
certain offer documentation which will contain the full terms and conditions
of any offer, including details of how it may be accepted.

This announcement has been prepared in accordance with English law and
information disclosed may not be the same as that which would have been
prepared in accordance with the laws of jurisdictions outside England.

The release, distribution or publication of this announcement in whole or in
part, directly or indirectly in, into or from jurisdictions outside the United
Kingdom may be restricted by laws of the relevant jurisdictions and therefore
persons into whose possession this announcement comes should inform themselves
about, and observe, such restrictions. Any failure to comply with the
restrictions may constitute a violation of the securities law of any such
jurisdiction.

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) No 596/2014 (as it forms part of UK domestic
law by virtue of the European Union (Withdrawal) Act 2018). Upon publication
of this announcement, such inside information will be considered to be in the
public domain.

 

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.   END  OTTEAKSPAFNSEEA

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