AGA Aga Rangemaster

TIDMAGA

RNS Number : 8922Y

Whirlpool Corporation

11 September 2015

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 OF SUCH JURISDICTION

THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE")

 
 FOR IMMEDIATE RELEASE   11 SEPTEMBER 2015 
 

Whirlpool Corporation ("Whirlpool")

No intention to make an offer for AGA Rangemaster Group plc ("AGA")

On 1 September 2015, Whirlpool confirmed that it had made an approach regarding a possible offer for AGA. Whirlpool today announces that, after full and careful consideration, it does not intend to make an offer to acquire the entire issued and to be issued ordinary share capital of AGA.

As a result of this announcement, Whirlpool will, except with the consent of the Panel, be bound by the restrictions contained in Rule 2.8 of the Code. However, Whirlpool reserves the right to make or participate in an offer for AGA (and/or take any other action which would otherwise be restricted under Rule 2.8 of the Code) within the next six months following the date of this announcement in the circumstances set out in Note 2 on Rule 2.8 of the Code.

Enquiries

 
 Whirlpool Corporation 
 Media Line                          +1 269 923 7405 
 UBS Investment Bank 
  (Financial adviser to Whirlpool 
  Corporation)                       +44 (0)20 7567 8000 
 Jonathan Rowley 
  Elizabeth Tietz 
 

Additional Information

UBS Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom.

UBS Limited is acting as financial adviser, via its agent (within the meaning of Rule 15a-6 under the Securities Exchange Act of 1934) UBS Securities LLC, to Whirlpool Corporation and no one else in connection with the matters set out in this announcement and will not be responsible to anyone other than Whirlpool Corporation for providing the protections offered to clients of UBS Limited nor for providing advice in relation to the matters set out in this announcement.

In accordance with Rule 26.1 of the Code, a copy of this announcement will be available on Whirlpool's website at www.whirlpoolcorp.com/agarangemaster by no later than 12 noon (London time) on 14 September 2015. For the avoidance of doubt, the contents of this website are not incorporated into and do not form part of this announcement.

This information is provided by RNS

The company news service from the London Stock Exchange

END

OTTQFLFFEKFZBBE

(END) Dow Jones Newswires

September 11, 2015 12:48 ET (16:48 GMT)

AGA Rangemaster (LSE:AGA)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024

AGA Rangemaster (LSE:AGA)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024