8th Jul 2022 07:00
THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE TAKEOVER CODE (THE "CODE") WHICH, AMONGST OTHER THINGS, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF THE PERIOD OF 12 MONTHS FROM THE END OF THE OFFER PERIOD CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.
For immediate release
8 July 2022
ZAKIONO ENTERPRISES LIMITED(on behalf of CPI Property Group S.A. and Aroundtown SA)
Rule 19.6(c) confirmation with respect to stated post-offer intentions for Globalworth Real Estate Investments Limited
Zakiono Enterprises Limited ("Zakiono") announces that, further to the closure of its cash offer for the entire issued and to be issued share capital of Globalworth Real Estate Investments Limited ("Offer"), it has duly confirmed in writing to the Takeover Panel in accordance with the requirements of Rule 19.6(c) of the Code, compliance with the post-offer intention statements made pursuant to Rules 2.7(c) and 24.2 of the Code, as originally detailed in the Rule 2.7 announcement of 14 April 2021 and the offer document published on 12 May 2021.
Enquiries:
CPI + 352 (0) 26 47 67 58
David Greenbaum, Chief Financial Officer
Aroundtown + 352 (0) 288 313
Eyal Ben David, Chief Financial Officer Timothy Wright, Head of Investor Relations
Barclays (financial adviser to CPI and Zakiono) + 44 (0) 20 7623 2323
Brendan JarvisAkshay Majithia
Citi (financial adviser to Aroundtown and Zakiono) + 44 (0) 20 7986 4000
Peter Davis Federico Monguzzi
Barclays Bank PLC, acting through its Investment Bank ("Barclays"), which is authorised by the Prudential Regulation Authority and regulated in the United Kingdom by the FCA and the Prudential Regulation Authority, is acting exclusively for Zakiono and CPI and no one else in connection with the Offer and the matters referred to in this announcement and will not be responsible to anyone other than Zakiono and CPI for providing the protections afforded to clients of Barclays nor for providing advice in relation to the Offer or any other matter referred to in this announcement.
Citigroup Global Markets Europe AG ("Citi"), which is authorised and regulated by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht - "BaFin") and Bundesbank, is acting as financial adviser for Zakiono and Aroundtown and for no one else in connection with the matters described in this announcement, and will not be responsible to anyone other than Zakiono and Aroundtown for providing the protections afforded to clients of Citi nor for providing advice in connection with the Offer, or any other matters referred to in this announcement. Neither Citi nor any of its affiliates, directors or employees owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, consequential, whether in contract, in tort, in delict, under statute or otherwise) to any person who is not a client of Citi in connection with this announcement, any statement contained herein, the Offer or otherwise.
Related Shares:
Globalworth