Moss Bros Group PLC Response to the ruling of the Takeover Panel (4608N)

TIDMMOSB

RNS Number : 4608N

Moss Bros Group PLC

20 May 2020

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.

FOR IMMEDIATE RELEASE

20 May 2020

Moss Bros Group plc

Response to the ruling of the Takeover Panel Executive

The Board of Moss Bros Group plc ("Moss Bros" or the "Company") welcomes the announcement by the Takeover Panel Executive (the "Panel Executive") of its ruling that Brigadier Acquisition Company Limited ("Brigadier") may not invoke certain conditions of its offer for Moss Bros in order to lapse its offer (the "Ruling").

The Panel Executive has provided Brigadier with a short period of time to decide whether to request a review of the Ruling by the Hearings Committee of the Takeover Panel.

The Company will make a further announcement as appropriate.

 
Enquiries: 
 
Moss Bros                                         Via Buchanan 
Colin Porter, Chairman 
Brian Brick, CEO 
Bill Adams, CFO 
 
Peel Hunt LLP (Lead Financial Adviser and Rule    Tel: 020 7418 
 3 Adviser to Moss Bros)                           8900 
George Sellar 
Michael Nicholson 
 
Rothschild & Co (Joint Financial Adviser to Moss  Tel: 020 7280 
 Bros)                                             5000 
John Byrne 
Andrew Graham 
 
Buchanan (Financial PR Adviser to Moss Bros)      Tel: 020 7466 
                                                   5000 
Charles Ryland

Important notices

Peel Hunt LLP ("Peel Hunt"), which is authorised and regulated in the United Kingdom by the FCA, is acting exclusively for Moss Bros and no-one else in connection with the matters set out in this announcement, and will not be responsible to anyone other than Moss Bros for providing the protections afforded to clients of Peel Hunt or for providing advice in connection with the Offer or any matter or arrangement referred to herein.

N.M. Rothschild & Sons Limited ("Rothschild & Co"), which is authorised and regulated by the FCA in the United Kingdom, is acting exclusively for Moss Bros and for no one else in connection with the Offer and will not be responsible to anyone other than Moss Bros for providing the protections afforded to its clients or for providing advice in connection with the Offer.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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May 20, 2020 02:37 ET (06:37 GMT)

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