REG - Vitol Vivo Energy Limited - Rule 19.6(c) confirmation

HSBC HoldingsAnnouncement

25/07/2023 08:15

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RNS Number : 0032H  Vitol  25 July 2023

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.

 

25 July 2023

 

VIP II Blue B.V.

 

Rule 19.6(c) confirmation with respect to post-offer intention statements in
relation to

recommended acquisition of Vivo Energy plc

 

VIP II Blue B.V. (a newly formed company ("BidCo"), being a wholly-owned
indirect subsidiary of Vitol Investment Partnership II Limited, itself being
an investment vehicle advised by employees of the Vitol Group), refers to the
recommended acquisition of Vivo Energy plc which was effected by way of a
scheme of arrangement under Part 26 of the Companies Act 2006 and which became
effective on 25 July 2022.

 

BidCo announces that, in accordance with the requirements of Rule 19.6(c) of
the Code, it has duly confirmed in writing to the Panel on Takeovers and
Mergers that it has complied with its post-offer intention statements
regarding Vivo Energy plc made pursuant to Rules 2.7(c)(viii) and 24.2 of the
Code, as originally detailed in the Rule 2.7 announcement of 25 November 2021
and in the scheme document published 17 on December 2021.

 

Enquiries:

 

BidCo
 
                             +44 20 7973 4230 /
+44 7525 403796

Andrea Schlaepfer

Head of Corporate Communications

 

 

HSBC (Financial adviser to
BidCo)
+44 20 7991 8888

Keith Welch

Alex Thomas

James Novelli

Joe Weaving

 

 

HSBC Bank plc, which is authorised by the Prudential Regulation Authority (the
"PRA") and regulated by the PRA and the Financial Conduct Authority (the
"FCA") in the United Kingdom, is acting exclusively for Vitol and BidCo and no
one else in connection with the Offer and will not be responsible to anyone
other than Vitol and BidCo for providing the protections afforded to clients
of HSBC Bank plc nor for giving advice in relation to the Offer or any matter
or arrangement referred to in this announcement. Neither HSBC Bank plc, nor
any of its group undertakings or affiliates, owes or accepts any duty,
liability or responsibility whatsoever (whether direct or indirect, whether in
contract, in tort, under statute or otherwise) to any person who is not a
client of HSBC Bank plc in connection with this announcement, any statement
contained herein or otherwise. HSBC Bank plc has given, and not withdrawn, its
consent to the inclusion in this announcement of the references to its name in
the form and context in which they appear.

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