THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE"), WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.
FOR IMMEDIATE RELEASE
23 December 2024
ETABLISSEMENTS MAUREL & PROM S.A. ("M&P")
Rule 19.6(c) confirmation with respect to stated post-offer intention statements with regard to Wentworth Resources PLC ("Wentworth")
M&P announces that, further to the completion of its recommended cash offer for the entire issued and to be issued share capital of Wentworth, which was implemented by way of a scheme of arrangement under Part 26 of the Companies Act 2006 and which became effective on 21 December 2023, it has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of the Code it has complied with the post-offer intention statements made pursuant to Rule 2.7(c)(viii) and Rule 24.2 of the Code, as detailed in its announcement made under Rule 2.7 of the Code on 5 December 2022 and in the scheme document published by Wentworth on 25 January 2023.
For further information, please contact:
ETABLISSEMENTS MAUREL & PROM S.A.
+33 1 53 83 16 00
Olivier de Langavant (CEO)
Pablo Liemann (Business Development Manager)
Matthieu Lefrancq (Business Development)
Hannam & Partners (Financial Advisor)
+44 (0) 207 907 8500
Samuel Merlin
Ernest Bell
Mario Doerflinger
H&P Advisory Ltd (" Hannam & Partners "), which is regulated in the UK by the FCA, is acting exclusively for M&P and no-one else in connection with the acquisition and will not be responsible to anyone other than M&P for providing the protections afforded to clients of Hannam & Partners nor for providing advice in relation to the acquisition or any other matters referred to in this announcement.