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RNS Number : 6337Z Philip Morris International Inc 16 September 2022
THIS ANNOUNCEMENT IS BEING MADE PURSUANT TO RULE 19.6(C) OF THE CITY CODE ON
TAKEOVERS AND MERGERS (THE "CODE") WHICH, AMONGST OTHER THINGS, REQUIRES A
PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A 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
16 September 2022
PMI Global Services Inc. ("PMI Bidder")
a wholly owned direct subsidiary of Philip Morris International Inc. ("PMI")
Rule 19.6(c) confirmation in respect of post-offer intention statements made
in relation to Vectura Group plc ("Vectura")
PMI Bidder announces that, further to the completion of its recommended cash
offer ("Offer") for the entire issued and to be issued share capital of
Vectura, which Offer was effected by way of the offer document posted on 16
August 2021 ("Offer Document"), and which was declared unconditional in all
respects on 16 September 2021, 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)(iv) and 24.2 of the Code, as originally detailed in
the Vectura's Rule 2.7 announcement of 9 July 2019 and in the Offer Document.
Enquiries:
PMI Bidder
Investor Relations Tel: +41 (0)58 242 4666 (Lausanne)
Tel: +1 (917) 663 2233 (New York)
Global Communications Tel: +41 (0)58 242 4500
David Fraser (International press enquiries)
Corey Henry (US press enquiries)
BofA Securities, as Financial Adviser to PMI Bidder Tel: +44 (0)20 7628 1000
Geoff Iles
James Machin
Jack Williams
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