REG - Shaftesbury Capital - Post-offer Intention Statements

Shaftesbury CapitalAnnouncement

06/03/2024 07:00

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RNS Number : 7192F  Shaftesbury Capital PLC  06 March 2024

THIS 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

 

6 March 2024

 

Shaftesbury Capital PLC ("Shaftesbury Capital")

 

Rule 19.6(c) confirmation with respect to post-offer intention statements
regarding Shaftesbury PLC ("Shaftesbury")

 

Shaftesbury Capital announces that, further to completion on 6 March 2023 of
the recommended all-share merger between Capital & Counties Properties PLC
and Shaftesbury, which was implemented by way of a Court-sanctioned scheme of
arrangement under Part 26 of the Companies Act 2006 and became effective on 6
March 2023, 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 the post-offer intention statements made pursuant to Rule
2.7(c)(viii) and Rule 24.2 of the Code, as detailed in its announcement made
under Rule 2.7 of the Code on 16 June 2022 and in the scheme document
published by Shaftesbury on 7 July 2022.

 

 

Desna Martin

Group Company Secretary

020 3214 9150

 

6 March 2024

 

 

About Shaftesbury Capital

Shaftesbury Capital PLC ("Shaftesbury Capital") is the leading central London
mixed-use REIT and is a constituent of the FTSE-250 Index. Our property
portfolio, valued at £4.8 billion at December 2023, extends to 2.9 million
square feet of lettable space across the most vibrant areas of London's West
End. With a diverse mix of shops, restaurants, cafés, bars, residential and
offices, our destinations include the high footfall, thriving neighbourhoods
of Covent Garden, Carnaby, Soho and Chinatown, together with holdings in
Fitzrovia. Our properties are close to the main West End Underground stations
and transport hubs for the Elizabeth Line. Shaftesbury Capital shares are
listed on the London Stock Exchange ("LSE") (primary) and the Johannesburg
Stock Exchange ("JSE") (secondary) and the A2X (secondary).

Our purpose

Investing to create thriving destinations in London's West End where people
enjoy visiting, working, and living.

 

 

 

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