REG - Arcline Invest. Mgmt Senior PLC - No intention to make an offer

SeniorAnnouncement

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RNS Number : 0321Z  Arcline Investment Management LP  01 April 2026

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

 

THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY CODE ON TAKEOVERS
AND MERGERS (THE "CODE")

 

FOR IMMEDIATE RELEASE

 

01 April 2026

 

No intention to make an offer for Senior plc ("Senior")

Arcline Investment Management LP ("Arcline") announces that it is not
intending to make an offer for Senior.

This is a statement to which Rule 2.8 of the Code applies.

Under Note 2 on Rule 2.8 of the Code, Arcline reserves the right to set the
restrictions in Rule 2.8 aside in the following circumstances:

 ●    with the agreement of the board of Senior;
 ●    if a third party announces a firm intention to make an offer for Senior,
      including either of Advent International Limited (in its capacity as adviser
      to Advent International, L.P., the manager of and / or adviser to certain
      private equity funds) or the consortium comprising Tinicum Incorporated and
      Blackstone Private Investments Advisors L.L.C. (on behalf of certain of their
      respective affiliated investment funds or vehicles);
 ●    if Senior announces a Rule 9 waiver (see Note 1 of the Notes on Dispensations
      from Rule 9 of the Code) or a reverse takeover (as defined in the Code); or
 ●    if there has been a material change of circumstances (as determined by the
      Takeover Panel).

 

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