Capital & Regional plc has announced an extension to the deadline for a possible offer from NewRiver REIT plc. The original deadline for NewRiver to announce a firm intention to make an offer for Capital & Regional was 20 June 2024. However, the Company has requested and received consent from the Panel on Takeovers and Mergers for an extension, with the new deadline set for 18 July 2024. The announcement states that there is no certainty that any firm offer will be made for the Company, nor as to the terms on which any offer will be made.
The Company remains in an 'offer period' in accordance with the rules of the Code, and shareholders are advised to be aware of the continuing disclosure requirements. The announcement also includes contact information for enquiries related to the matter. It is emphasized that the announcement is being made without the consent of Growthpoint or NewRiver.
The announcement also includes detailed information about the financial advisers and brokers involved in the process, as well as legal disclaimers and disclosure requirements of the Code. It is made clear that the release, publication, or distribution of the announcement in jurisdictions outside the United Kingdom may be restricted by law, and individuals should inform themselves about and observe such restrictions. Any failure to comply with such restrictions may constitute a violation of the securities law of any such jurisdiction.