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Associated British Foods plc (ABF) announced on 9 August 2024 that it has confirmed in writing to the Panel on Takeovers and Mergers its compliance with post-offer intention statements. This confirmation follows the acquisition of National Milk Records PLC (NMR) by AB Agri Limited, an ABF subsidiary, which became effective on 9 August 2023. The original intention statements were detailed in ABF's firm offer announcement of 6 June 2023 and scheme circular published on 30 June 2023.
| Date | 9 Aug 2024 |
| Time | 07:00:03 |
| Category | Corporate updates |
| ID | 7879Z |
THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.
FOR IMMEDIATE RELEASE
9 August 2024
Associated British Foods plc
Rule 19.6(c) confirmation in respect of stated post-offer intentions for National Milk Records PLC ("NMR")
Associated British Foods plc ("ABF") announces that, further to the completion of the recommended acquisition by ABF pursuant to which AB Agri Limited (an indirect wholly-owned subsidiary of ABF) acquired the entire issued and to be issued share capital of NMR which was implemented by means of a court-approved scheme of arrangement that became effective on 9 August 2023, ABF has duly confirmed in writing to the Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of the Code that, ABF has complied with the post-offer intention statements made pursuant to Rules 2.7(c)(viii) and 24.2 of the Code, as originally detailed in its firm offer announcement of 6 June 2023, and the scheme circular published on 30 June 2023.
Contacts:
+44 (0) 20 7399 6500
Ray Cahill (Director of Corporate Governance)
Paul Lister (Company Secretary)