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RNS Number : 8436U Wheels Up Experience Inc. 31 March 2023
THE FOLLOWING 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 AN OFFER PERIOD ENDED CONFIRMING
WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED
INTENTIONS
FOR IMMEDIATE RELEASE
31 March 2023
Wheels Up UK Limited
Rule 19.6(c) confirmation of compliance with post-offer intention statements
with regard to Air Partner Plc
Wheels Up UK Limited (the "Company") announces that, further to the completion
of its recommended cash offer for the entire issued and to be issued share
capital of Air Partner plc, which was implemented by way of scheme of
arrangement under Part 26 of the Companies Act 2006 which became effective on
1 April 2022, 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
the Company 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
its announcement of 27 January 2022 and the scheme document published on 9
February 2022.
Enquiries
Bidco and Wheels Up
Laura
Heltebran
Tel: +1 (0) 855-FLY-8760
Mark Sorensen
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