Rule 19.6(b) update to stated post-offer intentions with regard to TP Group plc (“TP Group”)
22 December, 2023
Science Group announces that, following to the completion of its recommended cash acquisition of TP Group, which was effected by way of a scheme of arrangement under part 26 of the Companies Act 2006, and which became wholly unconditional on 26 January 2023, Science Group has taken a course of action which differs from the statements of intent made pursuant to Rules 2.7(c)(viii) and 24.2 of The City Code on Takeover and Mergers (the “Code”) (the “Stated Intentions”), as set out in its 2.7 announcement dated 31 October 2022 and the scheme document dated 21 November 2022 (together, the “Offer Documentation”).
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