6th Nov 2008 12:21
|
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 |
|
|
6 November 2008 |
|
|
FOR IMMEDIATE RELEASE |
|
|
Filtronic plc ("Filtronic" or the "Company") |
On 30 May 2008 the Carlyle Group ("Carlyle") announced that it was reviewing its options in respect of Filtronic, which could include an offer for the Company. Carlyle can now confirm that it has no present intention of making an offer for Filtronic.
For the purposes of Rule 2.8 of the Takeover Code (the "Code"), Carlyle, or any person who has acted in concert with it or any person who is subsequently acting in concert with it, reserves the right to announce or participate in an offer or a possible offer for Filtronic and/or take any other action which would otherwise be restricted under Rule 2.8 of the Code within six months of today's date if there is a material change of circumstances or in the event that:
(i) the agreement or recommendation of the board of Filtronic is given to the making of such an announcement or the taking of any such other action; or
(ii) there is an announcement of an offer or possible offer for Filtronic by a third party; or
(iii) Filtronic announces a "whitewash" proposal (as described in Note 1 of the Notes on Dispensations from Rule 9 of the City Code) or a reverse takeover (as described in Note 2 on Rule 3.2 of the City Code).
Enquiries:
|
CECP Investment Advisors Limited Emma Thorpe |
Telephone: 020 7894 1630 |
Related Shares:
Filtronic