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Just Eat

22nd Nov 2019 18:00

RNS Number : 4317U
FTSE Russell
22 November 2019
 

 

 

 

 

Just Eat (UK)

Informative Notice - Further Update

22 November 2019

Further to the notice released on 05 November 2019, FTSE Russell notes the publication of the offer document pertaining to the stock offer for Just Eat (UK, BKX5CN8, GEIS Mid Cap, FTSE 250) by Takeaway.com (Netherlands, BYQ7HZ6, GEIS Mid Cap), whereby Just Eat shareholders will receive 0.09744 Takeaway.com shares for every share held, with the offer initially remaining open for acceptances until 11 December 2019. The offer is conditional on a minimum acceptance level of 75%. If declared unconditional in all respects, Just Eat Takeway.com will be assigned a UK nationality for FTSE Russell Index inclusion purposes, and will replace Just Eat in the FTSE UK Series (including the FTSE 250) at its full investable market capitalisation, at least one trading day post admission of the new entity on the Premium Segment of the London Stock Exchange (providing at least two days' notice).

 

FTSE Russell also notes the cash offer for Just Eat by Prosus (Netherlands, BJDS7L3, GEIS Large Cap), whereby Just Eat shareholders are being offered GBP 7.10 for every Just Eat share held, will initially remain open for acceptances until 11 December 2019. The offer is conditional on a minimum acceptance level of 75%. If declared unconditional in all respects, the transaction will be processed in accordance with section 4.10 of the Corporate Actions and Events Guide.

 

FTSE Russell will continue to monitor both transactions for updates, and will publish further notices in due course.

 

 

 

 

For further information please contact FTSE Russell Client Services at [email protected] or call:

Australia

+1800 653 680

Hong Kong

+852 2164 3333

Japan

+81 3 4563 6346

London

+44 (0) 20 7866 1810

New York

+1866 551 0617

 

Alternatively please visit our website at www.ftserussell.com

Terms of Use | Copyright © 2019 FTSE Russell

 

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