REG - Euromoney Ins.InvPLC - Cancellation of Listing

Raymond James FinancialAnnouncement

25/11/2022 10:00

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RNS Number : 6414H  Euromoney Institutional InvestorPLC  25 November 2022

 

 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO
OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION

FOR IMMEDIATE
RELEASE
25 November 2022

Recommended Cash Acquisition

of

Euromoney Institutional Investor PLC

by

Becketts Bidco Limited

a newly incorporated company controlled by funds managed and/or advised by
Astorg Asset Management S.à r.l., Epiris GP Limited and Epiris GP III Limited
to be effected by means of a Scheme of Arrangement under Part 26 of the
Companies Act 2006

CANCELLATION OF LISTING

Further to the announcement by Euromoney on 24 November 2022 that the Scheme
for the acquisition of Euromoney by Becketts Bidco Limited had become
effective in accordance with its terms, Euromoney confirms that the listing of
Euromoney Shares on the premium listing segment of the Official List and the
admission to trading of Euromoney Shares on the main market of the London
Stock Exchange were each cancelled with effect from 8.00 a.m. (London time)
today.

Capitalised terms used but not defined in this announcement have the meaning
given to them in the circular in relation to the Scheme that was published or
made available to the Scheme Shareholders on 12 August 2022.

 

Enquiries:

Euromoney Institutional Investor PLC

Wendy Pallot, Chief Financial Officer
 
Tel: +44 (0) 20 7779 8866

Christian Cowley, Head of Investor Relations
 
Tel: +44 (0) 7408 863 420

 

Goldman Sachs International (Lead financial adviser to Euromoney)

Mark Sorrell
 
     Tel: +44 (0) 20 7774 1000

Nick Harper

Khamran Ali

 

UBS (Financial adviser and corporate broker to Euromoney)

Jonathan Retter
 
Tel: +44 (0) 20 7567 8000

Jonathan Rowley

 

Numis (Corporate broker to Euromoney)

Mark Lander
 
          Tel: +44 (0)20 7260 1000

 

FTI Consulting (Public relations adviser to Euromoney)

Jamie Ricketts
 
  Tel: +44 (0) 20 3727 1000

Tom Blundell
 
           euromoney@fticonsulting.com
(mailto:euromoney@fticonsulting.com)

Lucy Highland

 

Astorg

James Davis
 
         Tel: +44 20 3443 8450

Michal Lange

 

Epiris

Ian Wood
 
      Tel: +44 20 7214 4200

Chris Hanna

 

BofA Securities (Joint financial adviser to the Consortium and Bidco)

Geoff Iles
 
          Tel: +44 20 7628 1000

George Close-Brooks

Alex
Newman

 

Raymond James (Joint financial adviser to the Consortium and
Bidco)

Stuart Sparkes
 
               Tel: +44 20 3798 5713

George Watson

 

Greenbrook (Public relations adviser to the Consortium and Bidco)

Rob White
 
Tel: +44 20 7952 2000

James Madsen
 
Becketts@greenbrookadvisory.com (mailto:Becketts@greenbrookadvisory.com)

Matthew Goodman

 

Freshfields Bruckhaus Deringer LLP are retained as legal adviser to Euromoney.

Latham & Watkins LLP are retained as legal adviser to the Consortium and
Bidco.

Important notices relating to financial advisers

Goldman Sachs International, which is authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and the Prudential
Regulation Authority in the UK, is acting exclusively for Euromoney and no one
else in connection with the Acquisition and will not be responsible to anyone
other than Euromoney for providing the protections afforded to clients of
Goldman Sachs International or for providing advice in connection with the
matters referred to in this announcement.

UBS AG London Branch (UBS) is authorised and regulated by the Financial Market
Supervisory Authority in Switzerland. It is authorised by the Prudential
Regulation Authority (the PRA) and subject to regulation by the Financial
Conduct Authority and limited regulation by the PRA in the United Kingdom. UBS
is providing financial advice to Euromoney and no one else in connection with
the Acquisition. In connection with such matters, UBS will not regard any
other person as its client, nor will it be responsible to any other person for
providing the protections afforded to its clients or for providing advice in
relation to the process, contents of this announcement or any other matter
referred to herein.

Numis Securities (Numis), which is authorised and regulated by the Financial
Conduct Authority in the United Kingdom, is acting exclusively for Euromoney
and no one else in connection with the Acquisition and will not be responsible
to anyone other than Euromoney for providing the protections afforded to
clients of Numis Securities nor for providing advice in relation to the
Acquisition. Neither Numis Securities nor any of its 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 Numis Securities in connection with this
announcement, any statement contained herein or otherwise.

Merrill Lynch International (BofA Securities), which is authorised by the
Prudential Regulation Authority and regulated by the Financial Conduct
Authority and the Prudential Regulation Authority in the UK, is acting as
financial adviser exclusively for the Consortium and Bidco in connection with
the Acquisition and for no one else and will not be responsible to anyone
other than the Consortium and Bidco for providing the protections afforded to
its clients or for providing advice in relation to the Acquisition. Neither
BofA Securities, nor any of its 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 BofA Securities in connection with this announcement, any statement
contained herein, the Acquisition or otherwise.

Raymond James Financial International Limited (Raymond James), which is
authorised and regulated in the United Kingdom by the Financial Conduct
Authority, is acting as financial adviser to the Consortium and Bidco and
no-one else in connection with the matters described in this announcement and
will not be responsible to anyone other than the Consortium and Bidco for
providing the protections afforded to clients of Raymond James nor for
providing advice in connection with the matters referred to herein. Neither
Raymond James nor any of its 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 Raymond
James in connection with this announcement, any statement contained herein,
the Acquisition or otherwise.

 

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