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Rule 2.8 announcement

30th Nov 2015 13:45

RNS Number : 4014H
VPS Healthcare LLC
30 November 2015
 

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 OR REGULATIONS 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

 

30 November 2015

 

VPS Healthcare ("VPS") announces it does not intend to make an offer for Al Noor Hospitals Group plc ("Al Noor")

 

On 20 October 2015, Al Noor stated that it had received a preliminary indication of interest from VPS. After a thorough assessment of the opportunity, VPS has concluded that the potential transaction would not be in the best interests of the company and accordingly VPS now confirms that it does not intend to make an offer for Al Noor.

 

This announcement is made in accordance with Rule 2.8 of the Code. As a result of this announcement, VPS 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:

 

VPS Healthcare

Hari Mohan

+971 222 22 366

+971 555 940 700

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