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RNS Number : 6839J Land Securities Group PLC 14 December 2022
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
14 December 2022
Land Securities Group PLC ("Landsec")
Rule 19.6(c) confirmation with respect to stated post-offer intention
statements with regard to U and I Group PLC
On 14 December 2021, Land Securities Group PLC ("Landsec") completed its
recommended cash acquisition of the entire issued and to be issued share
capital of U and I Group PLC ("U&I"), which was effected by way of a
scheme of arrangement under Part 26 of the Companies Act 2006 (the
"Acquisition").
Landsec announces that 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 it has complied with its post-offer intention statements made
pursuant to Rules 2.7(c)(viii) and 24.2 of the Code, as originally detailed in
its announcement of 01 November 2021 and in the scheme document published in
connection with the Acquisition on 15 November 2021.
Enquiries:
Landsec
Edward Thacker (Investor Relations) +44 (0) 7887 825869
Sara Doggett (Corporate Affairs) +44 (0) 7834 431258
UBS Investment Bank (Financial adviser to Landsec) +44 (0)20 7567 8000
Rahul Luthra
Jonathan Rowley
George Dracup
UBS AG London Branch ("UBS") is authorised and regulated by the Financial
Market Supervisory Authority in Switzerland. It is authorised by the PRA and
subject to regulation by the FCA and limited regulation by the PRA in the
United Kingdom. UBS AG London Branch is acting as financial adviser to Landsec
and no one else in connection with the Acquisition. In connection with such
matters, UBS AG London Branch, its affiliates and their respective directors,
officers, employees and agents will not regard any other person as their
client, nor will they be responsible to any other person for providing the
protections afforded to their clients or for providing advice in relation to
the Acquisition, the contents of this announcement or any other matter
referred to herein.
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