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Disruptive Fin LLP

Response to Stanley Gibbons Group PLC Statement
RNS Number : 7377H
Disruptive Capital Finance LLP
09 June 2017
 

Rule 2.8 Announcement

 

Disruptive Capital Finance Ltd

 

9th June 2017

 

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 THAT JURISDICTION.

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

 

For immediate release

 

Disruptive Capital Finance LLP ("Disruptive") confirms that it is not making an offer for Stanley Gibbons Group plc. 

 

Disruptive has been in discussions with the management of Stanley Gibbons Group plc for some time and had received, but not yet executed, a mutual non-disclosure agreement between us and them since we required sensitive information to evaluate whether or not to make an offer.

 

On 31 May 17, Disruptive were informed by Stanley Gibbons Group plc that an email we had sent them was interpreted by them as an Approach under the Takeover Code and that they had informed the Takeover Panel of the same.

 

This announcement is made in accordance with Rule 2.8 of the Code. As a result of this announcement, Disruptive will, except with the consent of the UK Panel on Takeovers and Mergers, be bound by the restrictions contained in Rule 2.8 of the Code.

Enquiries:

Disruptive Capital Finance

Henry Tilbury:

+44 (0) 207 280 9704

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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