REG - Renesas Electronics Dialog Semiconductor - Rule 19.6(c) Confirmation

Renesas ElectronicsAnnouncement

30/08/2022 07:16

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RNS Number : 5527X  Renesas Electronics Corporation  30 August 2022

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.

For immediate release

 

30 August 2022

 

Rule 19.6(c) confirmation with respect to post-offer intention statements made
in relation to Dialog Semiconductor Plc ("Dialog")

 

Renesas Electronics Corporation ("Renesas") announces that, further to the
completion of its recommended cash offer for the entire issued and to be
issued share capital of Dialog, which was implemented by means of a
Court-sanctioned scheme of arrangement under Part 26 of the Companies Act
2006, and which became effective on 30 August 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 Renesas has complied with its
post-offer statements of intent made pursuant to Rules 2.7(c)(viii) and 24.2
of the Code, as originally detailed in its announcement of 8 February 2021 and
the scheme document published on 8 March 2021.

 

 Enquiries:

 Renesas

 Investor Relations: Yuuki Oka      +81 (3) 6773 3002

Public Relations: Kyoko Okamoto
+81 (3) 6773 3001

 Nomura

 (Financial adviser to Renesas)

 Guy Hayward-Cole, Henry Phillips   +44 (0) 207 102 1000

Important Notice

Nomura International plc ("Nomura"), which is authorised by the Prudential
Regulation Authority and regulated by the Prudential Regulation Authority and
the Financial Conduct Authority in the United Kingdom, is acting as financial
adviser exclusively to Renesas and no one else in connection with this
announcement and Nomura, its affiliates and its respective officers,
employees, agents, representatives and/or associates will not regard any other
person as their client, nor will they be responsible to anyone other than
Renesas for providing the protections afforded to clients of Nomura nor for
providing advice in relation to the matters in the Acquisition, this
announcement or any matter referred to herein. Neither Nomura nor any of its
subsidiaries, branches 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 Nomura
in connection with the Acquisition, this announcement or any matter referred
to herein.

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