4th Apr 2006 17:53
Roger Parry04 April 2006 4 April 2006 ROGER PARRY STATEMENT REGARDING ITV PLC ("ITV") Further to recent press statements, Roger Parry announces that he has nointention to make an offer for ITV.* * Pursuant to Rule 2.8 of the City Code on Takeovers and Mergers ("City Code"),Roger Parry reserves the right to set aside the statement above if any of thefollowing events occurs: (i) ITV announcing that it is in discussions which mayor may not lead to an offer for the company or formally inviting an offer forthe company, (ii) a third party announcing a possible offer or a firm intentionto make an offer for ITV, (iii) the agreement or recommendation of the board ofITV, (iv) ITV undertaking or announcing an intention to undertake any materialrecapitalisation of the company other than the previously announced proposedreturn of capital to shareholders of £300 million (where "material" is definedas 10% or more of ITV's equity market capitalisation as at the close of businesson the date of this announcement) or disposal of a material amount (where"material amount" is as defined in Note 2 on Rule 21.1 of the City Code), (v)ITV announcing a whitewash proposal or a reverse takeover, or (vi) there is amaterial change in circumstances. ENDS This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ITV