LONDON - Holders Technology plc (the "Company") has announced its compliance with the post-offer intentions stated during its delisting from the AIM market, as per the requirements of Rule 19.6(c) of the City Code on Takeovers and Mergers.
The company, which was previously listed on the Alternative Investment Market (AIM), confirmed that the concert party, including Rudolf and Irene Weinreich, Victoria Blaisdell, and Amanda Stavri, has fulfilled the promises made during the offer period that ended on December 20, 2023. Following the closure of this period, Holders Technology was officially delisted from AIM on January 12, 2024.
The concert party has submitted written confirmation to The Takeover Panel, ensuring that all post-offer intentions detailed in the Circular dated November 29, 2023, have been followed. These actions comply with the rules set forth by the Code, specifically under Rules 2.7(c)(viii) and 24.2.
The circular mentioned refers to the document provided to shareholders containing details about the offer and the intentions of the concert party for the company's operations post-offer.
This move comes as a standard procedure for companies that undergo changes in their stock market listings, ensuring that stakeholders are informed about the adherence to previously disclosed plans.
Holders Technology's management, including Rudi Weinreich, the Executive Chairman, and Victoria Blaisdell, the Group Managing Director, are the points of contact for further information regarding this confirmation.
The information about the company's compliance with its post-offer intentions is based on a press release statement, which is a common practice to maintain transparency and provide updates to shareholders and the market.
Holders Technology's actions underscore the importance of accountability and the adherence to regulatory requirements following significant corporate events such as delistings and takeovers.
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