Mission Group PLC (The) RESPONSE TO RULE 2.8 ANNOUNCEMENT BY BRAVE BISON
June 10 2024 - 3:56AM
RNS Regulatory News
RNS Number : 7837R
Mission Group PLC (The)
10 June 2024
FOR
IMMEDIATE RELEASE
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 SUCH
JURISDICTION
10
June 2024
The MISSION Group
plc
("MISSION", the "Company" or
the "Group")
RESPONSE TO RULE 2.8
ANNOUNCEMENT BY BRAVE BISON GROUP PLC
MISSION Group
plc (AIM: TMG), notes the announcement
released earlier today by Brave Bison Group plc ("Brave Bison") confirming that it does
not intend to make an offer for MISSION. As a result, Brave Bison is
bound by the restrictions set out in Rule 2.8 of the Takeover
Code.
The board of MISSION is confident in MISSION's standalone prospects. As
previously announced on 17 January 2024, the Board of MISSION has set out how it expects to
realise value for MISSION's
shareholders through its standalone strategy and execution of the
Group's Value Restoration Plan, which is now well underway.
The Board of MISSION also
remains confident that during the remainder of the year, it will
deliver on its plan to reduce leverage.
ENDS
ENQUIRIES:
|
David Morgan, Non-Executive
Chair
James Clifton, Chief Executive
Officer
Giles Lee, Chief Financial
Officer
The MISSION Group plc
|
Via Houston
|
|
|
|
|
Simon Bridges / Julie Langley /
Andrew Potts / Harry Rees
|
|
|
Canaccord Genuity Limited (Financial Adviser, Nominated Adviser and Broker)
|
020 7523 8000
|
|
|
|
|
|
|
|
Kate Hoare / Alexander Clelland /
India Spencer
|
|
|
HOUSTON (Financial PR and
Investor Relations)
|
0204 529 0549
|
Canaccord Genuity Limited, which is authorised and regulated
in the United Kingdom by the FCA, is acting as financial adviser
and corporate broker exclusively for MISSION and for no one else in
connection with the Revised Possible Offer and will not regard any
other person as its client in relation to the matters referred to
in this announcement and will not be responsible to anyone other
than MISSION for providing
the protections afforded to clients of Canaccord Genuity Limited,
nor for providing advice in relation to the Revised Possible Offer
or any other matter referred to in this
announcement.
Publication of this announcement
In accordance with Rule 26.1 of the
Code, a copy of this announcement will be available on the
Company's website at https://www.themission.co.uk/
by no later than 12 noon (London time) on the
business day following the date of this announcement. The content of the website
referred to in this announcement is not incorporated into and does
not form part of this announcement.
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END
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