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On 06 September 2024, Cavendish Financial plc confirmed in writing to The Panel on Takeovers and Mergers its compliance with post-offer intention statements. These statements, relating to the merger with Cenkos Securities plc, were made pursuant to Rule 24.2 of the City Code as set out in a scheme document published on 20 April 2023, and this confirmation was made under Rule 19.6(c) of the City Code.
| Date | 6 Sept 2024 |
| Time | 07:00:03 |
| Category | Corporate updates |
| ID | 9451C |
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.
6 September 2024
Cavendish Financial plc
("Cavendish")
Rule 19.6(c) confirmation in respect of post-offer intention statements made in relation to Cenkos Securities plc ("Cenkos")
Further to the completion of the recommended all-share merger between Cenkos and finnCap Group plc (subsequently renamed Cavendish), which was effected by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006, Cavendish has in accordance with the requirements of Rule 19.6(c) of the Code duly confirmed in writing to The Panel on Takeovers and Mergers that Cavendish complied with its post-offer intention statements made pursuant to Rule 24.2 of the Code as set out in the scheme document published on 20 April 2023.
Cavendish Tel: +44 (0) 20 7220 0500
Julian Morse, Co-Chief Executive Officer [email protected]
John Farrugia, Co-Chief Executive Officer
Ben Procter, Chief Financial Officer
Spark Advisory Partners (Nominated Adviser) Tel: +44 (0) 20 3368 3550
Matt Davis / Adam Dawes