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 OR REGULATIONS OF THAT
JURISDICTION.
THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY
CODE ON TAKEOVERS AND MERGERS (THE "CODE").
For
immediate release
02 April 2024
Siemens AG ("Siemens")
Statement regarding Renishaw plc ("Renishaw" or the
"Company")
Siemens notes the recent press
speculation in relation to Renishaw. Siemens confirms that it does
not intend to make an offer for Renishaw. Accordingly, Siemens, and
any person acting in concert with it, is bound by the restrictions
under Rule 2.8 of the Code.
For the purpose of Rule 2.8 of the
Code, Siemens and any person acting in concert with it, reserve the
right to announce an offer or possible offer for the Company or
make or participate in an offer or possible offer for the Company
(and / or take any other actions 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 following
circumstances:
(i) with the
agreement or recommendation of the board of directors of the
Company;
(ii) following
the announcement of a firm intention to make an offer for the
Company by or on behalf of a third party;
(iii) following
the announcement by the Company of a "whitewash" proposal (as
described in Note 1 of the Notes on Dispensations from Rule 9 of
the Code) or a reverse takeover; and/or
(iv) where the
Panel on Takeovers and Mergers has determined that there has been a
material change of circumstances.
Important notices
This announcement is not intended
to, and does not, constitute or form part of any offer, invitation
or the solicitation of an offer to purchase, otherwise acquire,
subscribe for, sell or otherwise dispose of, any securities or the
solicitation of any vote in any jurisdiction whether pursuant to
this announcement or otherwise.
The release, publication or
distribution of this announcement in whole or in part in
jurisdictions outside the United Kingdom may be restricted by law
and therefore persons into whose possession this announcement comes
should inform themselves about, and observe, such restrictions. Any
failure to comply with the restrictions may constitute a violation
of the securities law of any such jurisdictions.
Enquiries:
Siemens
Nikola Petrovic / Tobias
Atzler
+49
89 7805 32474
