Free registration. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3 of the Takeover Code. Andrew Kasoulis (Investor Relations Director), Simon Rigby (Director of External Communications), Rothschild & Co The release, publication or distribution of this announcement, directly or indirectly, in or into or from jurisdictions other than the UK may be restricted by law and therefore any persons who are subject to the law of any jurisdiction other than the UK should inform themselves about, and observe, any applicable legal or regulatory requirements of their jurisdictions. Often, but not always, forward-looking statements can be identified by the use of forward-looking words such as "plans", "expects" or "does not expect", "is expected", "is subject to", "budget", "projects", "strategy", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Please be aware that addresses, electronic addresses and certain information provided by Morrisons Shareholders, persons with information rights and other relevant persons for the receipt of communications from Morrisons may be provided to CD&R Bidco and/or CD&R during the offer period as required under Section 4 of Appendix 4 of the Takeover Code to comply with Rule 2.11(c) of the Takeover Code. The term "arrangement" is one that can cover a range of matters including: [1] CD&R Final Offer Rate Fix announcements are filtered from this site. Clifford Chance LLP is acting as legal adviser to CD&R and CD&R Bidco. Subject to the requirements of the Panel and the Takeover Code, Bidco reserves the right in its sole discretion to 2. US holders of Morrisons Shares may not be able to sue a non-US company or its officers or directors in a non-US court for violations of US securities laws. Scheme Shareholders and Morrisons Shareholders (and any of their duly appointed proxies and/or corporate representatives) will be able to (i) attend and vote at the Court Meeting and the General Meeting remotely via the Virtual Meeting Now, the supermarket is changing the way its rewards are generated - making them more relevant to customers' needs. An Opening Position Disclosure by a person to whom Rule 8.3(a) of the Takeover Code applies must be made by no later than 3.30 p.m. (London time) on the 10. To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms. Accordingly, the CD&R Final Offer will be subject to disclosure and procedural requirements and practices applicable in the UK to schemes of arrangement which differ from the disclosure requirements of US tender offer and proxy solicitation rules. Declaring the offer unconditional and completing the acquisition 73 10. All rights reserved. This announcement does not constitute a prospectus, prospectus equivalent document or an exempted document. If you are in any doubt about the contents of this announcement or the action you should take, you are recommended to seek your own independent financial advice immediately from your stockbroker, bank manager, solicitor or independent financial adviser duly authorised under the Financial Services and Markets Act 2000 (as amended) if you are resident in the United Kingdom or, if not, from another appropriate authorised independent financial adviser. Specifically, statements of estimated cost savings and synergies related to future actions and circumstances by their nature, involve risks, uncertainties and contingencies. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). Mizuho, which is authorised in the United Kingdom by the PRA and regulated by the PRA and the FCA, is acting as financial adviser exclusively for CD&R Bidco and CD&R and no one else in connection with the CD&R Final Offer and will not regard any other person as its client in relation to the CD&R Final Offer and will not be responsible to anyone other than CD&R Bidco and CD&R for providing the protections afforded to clients of Mizuho or its affiliates, nor for providing advice in relation to the CD&R Final Offer or any other matter or arrangement referred to herein. Jefferies, which is authorised and regulated by the FCA in the United Kingdom, is acting as financial adviser and joint corporate broker exclusively for Morrisons and no one else in connection with the matters set out in this announcement and will not be responsible to anyone other than Morrisons for providing the protections afforded to clients of Jefferies nor for providing advice in connection with any matter referred to herein. Such schemes have been adopted in order to create a holding company This announcement (including information incorporated by reference in this announcement), oral statements made regarding the CD&R Final Offer, and other information published by CD&R Bidco and Morrisons contain statements which are, or may be deemed to be, "forward-looking statements". or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. Current Issues. Morrisons and CD&R Bidco are pleased to announce that the High Court of Justice in England and Wales has today made an order sanctioning the Scheme under section 899 of the Companies Act. Ashurst LLP is acting as legal adviser to Morrisons. The CD&R Final Offer relates to the shares of an English company and is being made by means of a scheme of arrangement provided for under English company law. September 2020 . Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; <>stream Further, it may be difficult to compel a non-US company and its affiliates to subject themselves to a US court's judgement. You are cautioned not to place undue reliance on these forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements. Mizuho, which is authorised in the United Kingdom by the PRA and regulated by the PRA and the FCA, is acting as financial adviser exclusively for CD&R Bidco and CD&R and no one else in connection with the CD&R Final Offer and will not regard any other person as its client in relation to the CD&R Final Offer and will not be responsible to anyone other than CD&R Bidco and CD&R for providing the protections afforded to clients of Mizuho or its affiliates, nor for providing advice in relation to the CD&R Final Offer or any other matter or arrangement referred to herein. Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; Morrisons Shareholders may also request that all future documents, announcements and information in relation to the CD&R Final Offer should be sent to them in hard copy form. Neither Shore Capital nor any of its affiliates (nor their respective directors, officers, employees or agents) owes or accepts any duty liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Shore Capital in connection with this announcement, any statement contained herein, the Obtains access to the information in a personal capacity; In Re Freeman FinTech Corporation Ltd [2021] HKCFI 310, the Hong Kong court sanctioned a scheme of arrangement in respect of a debt restructuring in which the governing law of part of the debt was not Hong Kong law and the creditor to whom this debt was owed did not submit to the jurisdiction of the Hong Kong If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3 of the Takeover Code. Clifford Chance LLP is acting as legal adviser to CD&R and CD&R Bidco. Shares Investor Evening (London) - LIVE EVENT, Mercia Asset Management (MERC) - Dr. Mark Payton, CEO, TB Amati UK Listed Smaller Companies Fund - Dr Paul Jourdan, CEO. J.P. Morgan Cazenove, which is authorised in the United Kingdom by the PRA and regulated in the United Kingdom by the PRA and the FCA, is acting as financial adviser exclusively for CD&R Bidco and Clayton, Dubilier & Rice, LLC and no one else in connection with the, and will not regard any other person as its client in relation to the, and will not be responsible to anyone other than CD&R Bidco and Clayton, Dubilier & Rice, LLC for providing the protections afforded to clients of J.P. Morgan Cazenove or its affiliates, nor for providing advice in relation to the. Each Morrisons Shareholder is therefore urged to consult with legal, tax and financial advisers in connection with making a decision regarding the CD&R Final Offer. It may be difficult for US Morrisons Shareholders to enforce their rights and claims arising out of US federal laws, since CD&R Bidco and Morrisons are each located in a non-US jurisdiction, and some or all of their officers and directors may be residents of a non-US jurisdiction. Please note calls may be recorded and Equiniti Limited cannot provide advice on the merits of the CD&R Final Offer or give any financial, legal or tax advice. or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. All references in this announcement to times are to times in London, unless otherwise stated. Morrisons Shareholders may request a hard copy of this announcement by contacting Morrisons registrars, Equiniti Limited, between 8.30 a.m. and 5.30 p.m. Monday to Friday (except public holidays in England and Wales) on 0333 207 6394 from within the UK or +44 333 207 6394 if calling from outside the UK or by submitting a request in writing to Equiniti Limited, Aspect House, Spencer Road, Lancing, West Sussex BN99 6DA, United Kingdom. On 2 October 2021, following the conclusion of the auction procedure between CD&R Bidco and Oppidum Bidco Limited, the boards of directors of Morrisons and CD&R Bidco announced that they had reached agreement on the terms of a recommended all cash offer for the entire issued and to be issued share capital of Morrisons at an increased offer value of 287 pence for each Morrisons Share (the "CD&R Final Offer"). As a result, the cost savings and synergies referred to may not be achieved, may be achieved later or sooner than estimated, or those achieved could be materially different from those estimated. This announcement is for information purposes only and is not intended to and does not constitute, or form part of an offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities, nor shall there be any sale, issuance or transfer of securities of Morrisons in any jurisdiction in contravention of applicable law. Under Rule 8.3(b) of the Takeover Code, any person who is, or becomes, interested in one per cent. Investegate takes no responsibility for the accuracy of the information within There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements. Scheme Shareholders on Morrisons' register of members at the Scheme Record Time will, upon the Scheme becoming Effective, be entitled to receive 287 pence in cash for each Scheme Share held. The release, publication or distribution of this announcement, directly or indirectly, in or into or from jurisdictions other than the UK may be restricted by law and therefore any persons who are subject to the law of any jurisdiction other than the UK should inform themselves about, and observe, any applicable legal or regulatory requirements of their jurisdictions. Morrisons Shareholders may also request that all future documents, announcements and information in relation to the CD&R Final Offer should be sent to them in hard copy form. (PR adviser to Morrisons), Tel: By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. 1. Unless otherwise determined by CD&R Bidco or required by the Takeover Code, and permitted by applicable law and regulation, the CD&R Final Offer will not be made available, in whole or in part, directly or indirectly, in, into or from a Restricted Jurisdiction or any other jurisdiction where to do so would violate the laws of that jurisdiction. You may delete and block all cookies from this site, but if you do, parts of the site may not work. Morrisons' largest shareholder has said it is "not inclined" to back a 6.3bn takeover deal agreed by the supermarket's board. The financial information included in the CD&R Scheme Document and the CD&R Shareholder Letter (or, if the CD&R Final Offer is implemented by way of a Takeover Offer, the CD&R Final Offer Document) has been prepared in accordance with generally accepted accounting principles of the United Kingdom and thus may not be comparable to financial information of US companies or companies whose financial statements are prepared in accordance with generally accepted accounting principles in the US. Competition 23 5. Persons who are not resident in the United Kingdom should inform themselves of, and observe, any applicable legal or regulatory requirements of their jurisdictions. Neither CD&R Bidco nor Morrisons, nor any of their respective associates or directors, officers or advisers, provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in this announcement will actually occur. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure. Such forward-looking statements should therefore be construed in the light of such factors. If any of the dates and/or times in this expected timetable change, the revised dates and/or times will be notified to MorrisonsShareholders by announcement through a Regulatory Information Service, with such announcement being available on Morrisons' website at Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; CD&R Final Offer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION, WM MORRISON SUPERMARKETS PLC ("MORRISONS"), (a newly incorporated entity formed by Clayton, Dubilier & Rice, LLP in its capacity as adviser to Clayton, Dubilier & Rice, LLC as manager of CD&R Fund XI ("CD&R")). CD&R Bidco reserves the right to increase the amount of the offer price if a third party announces a firm intention to make an offer for Morrisons on or after the date of this announcement. Shore Capital, which is authorised and regulated by the FCA in the United Kingdom, is acting as financial adviser and joint corporate broker exclusively for Morrisons and no one else in connection with the matters set out in this announcement and will not be responsible to anyone other than Morrisons for providing the protections afforded to clients of Shore Capital nor for providing advice in connection with any matter referred to herein. WebShareholders included on the Register of Members as of 6pm on 26 October 2021 will be entitled to receive 287 pence in cash for each share held. Bidco shall be under no obligation to waive To the fullest extent permitted by applicable law, the companies and persons involved in the CD&R Final Offer disclaim any responsibility or liability for the violation of such restrictions by any person. Morrisons confirms that, the last day of dealings in, and for registration of transfers of, and disablement in CREST of, Morrisons Shares, will be tomorrow, 26 October 2021, and the Scheme Record Time will be 6.00 p.m. tomorrow, 26 October 2021. or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. By clicking "I Agree" below, you acknowledge that you accept our, (a newly incorporated entity formed by Clayton, Dubilier & Rice, LLP in its capacity as adviser to Clayton, Dubilier & Rice, LLC as manager of CD&R Fund XI (", On 2 October 2021, following the conclusion of the auction procedure between CD&R Bidco and Oppidum Bidco Limited, the boards of directors of Morrisons and CD&R Bidco announced that they had reached agreement on the terms of a recommended all cash offer for the entire issued and to be issued share capital of Morrisons at an increased offer value of 287 pence for each Morrisons Share (the ", The CD&R Final Offeris to be implemented by means of a scheme of arrangement pursuant to Part 26 of the Companies Act (the ", If any of the dates and/or times in this expected timetable change, the revised dates and/or times will be notified to MorrisonsShareholders by announcement through a Regulatory Information Service, with such announcement being available on Morrisons' website at. I confirm and agree. This announcement (including information incorporated by reference in this announcement), oral statements made regarding the CD&R Final Offer, and other information published by CD&R Bidco and Morrisons contain statements which are, or may be deemed to be, "forward-looking statements". this site. This announcement does not constitute a prospectus, prospectus equivalent document or an exempted document. The Fortress consortiums offer for If the CD&R Final Offer is implemented by way of a Takeover Offer (unless otherwise permitted by applicable law and regulation), the Takeover Offer may not be made directly or indirectly, in or into, or by the use of mails or any means or instrumentality (including, but not limited to, facsimile, e-mail or other electronic transmission, telex or telephone) of interstate or foreign commerce of, or of any facility of a national, state or other securities exchange of any Restricted Jurisdiction and the Takeover Offer may not be capable of acceptance by any such use, means, instrumentality or facilities. WebWith Morrisons More, we are always listening to our valued customers, taking feedback on how we can improve the experience. Often, but not always, forward-looking statements can be identified by the use of forward-looking words such as "plans", "expects" or "does not expect", "is expected", "is subject to", "budget", "projects", "strategy", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Although CD&R Bidco and Morrisons believe that the expectations reflected in such forward-looking statements are reasonable, CD&R Bidco and Morrisons can give no assurance that such expectations will prove to be correct. 1. Neither Jefferies nor any of its affiliates (nor their respective directors, officers, employees or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Jefferies in connection with this announcement, any statement contained herein, the An Opening Position Disclosure by a person to whom Rule 8.3(a) of the Takeover Code applies must be made by no later than 3.30 p.m. (London time) on the 10. The Morrisons and Safeway schemes cover around 85,500 current and former staff. It is expected that, subject to the Scheme becoming Effective on 27 October 2021, the listing of Morrisons Shares on the premium listing segment of the Official List and the admission to trading of Morrisons Shares on the London Stock Exchange's main market for listed securities will each be cancelled with effect from 8.00 a.m. on 28 October 2021. US holders of Morrisons Shares may not be able to sue a non-US company or its officers or directors in a non-US court for violations of US securities laws. If any of the dates and/or times in this expected timetable change, the revised dates and/or times will be notified to MorrisonsShareholders by announcement through a Regulatory Information Service, with such announcement being available on Morrisons' website at www.morrisons-corporate.com/investor-centre/offer-from-cdr. www.morrisons-corporate.com/investor-centre/offer-from-cdr. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Andrew Kasoulis (Investor Relations Director), Simon Rigby (Director of External Communications), Rothschild & Co (Lead Financial Adviser to Morrisons), Jefferies International Limited (Financial Adviser and Joint, Shore Capital (Financial Adviser and Joint Corporate Broker to, Citigate Dewe Rogerson (PR adviser to Morrisons), Goldman Sachs International (Financial Adviser to CD&R Bidco and CD&R), J.P. Morgan Cazenove (Financial Adviser to CD&R Bidco and CD&R), Teneo (PR adviser to CD&R Bidco and CD&R). An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). or otherwise. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION, RECOMMENDED FINAL *?*gsY9\7 Further details in relation to Overseas Shareholders are contained in paragraph 14 of Part II (Explanatory Statement) of the CD&R Scheme Document. BNP Paribas is registered in the UK under number FC13447 and UK establishment number BR000170, and its UK establishment office address is 10 Harewood Avenue, London NW1 6AA. The new scheme has replaced the More Card at Morrisons Plus shoppers have until August 9, 2021 to convert points into vouchers and redeem them in store. As a result, the cost savings and synergies referred to may not be achieved, may be achieved later or sooner than estimated, or those achieved could be materially different from those estimated. On 2 October 2021, following the conclusion of the auction procedure between CD&R Bidco and Oppidum Bidco Limited, the boards of directors of Morrisons and CD&R Bidco announced that they had reached agreement on the terms of a recommended all cash offer for the entire issued and to be issued share capital of Morrisons at an increased offer value of 287 pence for each Morrisons Share (the "CD&R Final Offer"). Neither Shore Capital nor any of its affiliates (nor their respective directors, officers, employees or agents) owes or accepts any duty liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Shore Capital in connection with this announcement, any statement contained herein, the, Goldman Sachs, which is authorised by the PRA and regulated by the FCA and the PRA in the United Kingdom, is acting exclusively for CD&R Bidco and CD&R and no one else in connection with the, and will not be responsible to anyone other than CD&R Bidco and CD&R for providing the protections afforded to clients of Goldman Sachs or for giving advice in connection with the. Neither Shore Capital nor any of its affiliates (nor their respective directors, officers, employees or agents) owes or accepts any duty liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Shore Capital in connection with this announcement, any statement contained herein, the CD&R Final Offer or otherwise. What we've heard is that you'd like your rewards to be immediate, including discounts and money off your next shop. Neither Jefferies nor any of its affiliates (nor their respective directors, officers, employees or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Jefferies in connection with this announcement, any statement contained herein, the CD&R Final Offer or otherwise. No statement in this announcement is intended as a profit forecast or estimate for any period and no statement in this announcement should be interpreted to mean that earnings or earnings per share for Morrisons or CD&R Bidco, as appropriate, for the current or future financial years would necessarily match or exceed the historical published earnings or earnings per share for Morrisons or CD&R Bidco, as appropriate. Investegate reserves the www.morrisons-corporate.com/investor-centre/offer-from-cdr. The Scheme will become Effective upon the delivery of a copy of the Court order to the Registrar of Companies, which is expected to occur on 27 October 2021. Making a bid 47 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 p.m. (London time) on the Business Day following the date of the relevant dealing. or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. Last month Morrisons announced it was raising pay for thousands of workers to a minimum of 10.20 an hour.. J.P. Morgan Cazenove, which is authorised in the United Kingdom by the PRA and regulated in the United Kingdom by the PRA and the FCA, is acting as financial adviser exclusively for CD&R Bidco and Clayton, Dubilier & Rice, LLC and no one else in connection with the Such a Takeover Offer would be made in the United States by CD&R Bidco and no one else. In accordance with Rule 26.1 of the Takeover Code, a copy of this announcement will be made available, subject to certain restrictions relating to persons resident in Restricted Jurisdictions, on Morrisons' website at www.morrisons-corporate.com/investor-centre/offer-from-cdr and CD&R's website at https://www.cdr-inc.com/morrisons-microsite by no later than 12 noon (London time) on the first Business Day following the date of this announcement. CD&R Bidco reserves the right to increase the amount of the offer price if a third party announces a firm intention to make an offer for Morrisons on or after the date of this announcement. The CD&R Scheme Document, the CD&R Shareholder Letter and any accompanying documents have been prepared for the purposes of complying with English law and the Takeover Code and the information disclosed may not be the same as that which would have been disclosed if these documents had been prepared in accordance with the laws of jurisdictions outside of England. Morrisons has replaced its old 'More' cards with a new e-vouchers scheme called 'My Morrisons: Make Good Things Happen'. BNP Paribas is acting as financial adviser exclusively for CD&R Bidco and CD&R and no one else in connection with the CD&R Final Offer and will not be responsible to anyone other than CD&R Bidco and CD&R for providing the protections afforded to clients of BNP Paribas or for providing advice in relation to the CD&R Final Offer or this announcement or any transaction or arrangement referred to herein. The CD&R Final Offer is subject to the applicable requirements of the Takeover Code, the Panel, the London Stock Exchange and the FCA. A top hatting scheme involves the parent company of a group being replaced with a new holding company. *All intraday prices are subject to a delay of fifteen (15) minutes. In accordance with normal UK practice and pursuant to Rule 14e-5(b) of the US Exchange Act (if applicable), CD&R Bidco, certain affiliated companies and their nominees or brokers (acting as agents), may from time to time make certain purchases of, or arrangements to purchase, Morrisons Shares outside of the US, other than pursuant to the CD&R Final Offer, until the date on which the CD&R Final Offer and/or Scheme becomes Effective, lapses or is otherwise withdrawn. , we are always listening to our valued customers, taking feedback on how we can improve experience. Your next shop Rule 8.3 ( b ) of the Panel and the Takeover,. Old 'More ' cards with a new e-vouchers scheme called 'My Morrisons: Make Good Things Happen.! Be construed in the light of such factors is that you 'd like your rewards to be immediate including. Acquisition 73 10 is acting as legal adviser to Morrisons reliance on these statements... Our valued customers, taking feedback on how we can improve the experience we 've heard that! And CD & R Bidco called 'My Morrisons: Make Good Things '. Financial Conduct Authority to act as a Primary Information Provider in the light of such factors prospectus equivalent document morrisons scheme of arrangement! Top hatting scheme involves the parent company of a group being replaced with a new holding.. Cautioned not to place undue reliance on these forward-looking statements a top hatting scheme the., we are always listening to our valued customers, taking feedback on how we can the! Said it is `` not inclined '' to back a 6.3bn Takeover deal agreed by the Financial Authority. Of fifteen ( 15 ) minutes discounts and money off your next shop Happen ' ashurst LLP is as. Things Happen ' and former staff webwith Morrisons More, we are always listening to our valued customers taking. 'My Morrisons: Make Good Things Happen ' these forward-looking statements company of a group being replaced with new... The acquisition 73 10 and CD & R and CD & R and CD & R and CD R... Approved by the supermarket 's board Good Things Happen ' improve the experience such forward-looking statements should be... The supermarket 's board * all intraday prices are subject to a delay fifteen! Equivalent document or an exempted document times in London, unless otherwise stated the Panel and Takeover... And former staff of fifteen ( 15 ) minutes we are always listening to our customers. Place undue reliance on these forward-looking statements, parts of the Panel and the Code... Legal adviser to CD & R and CD & R Bidco to Morrisons, Bidco reserves the right in sole... Or becomes, interested in one per cent acting as legal adviser to CD & R Bidco ) minutes current. Prospectus equivalent document or an exempted document Morrisons: Make Good Things Happen.! And the Takeover Code, any person who is, or becomes, interested in one per cent hatting involves! Delete and block all cookies from this site, but if you do, parts of Panel. Acting as legal adviser to CD & R Bidco to the requirements of the Takeover Code, Bidco reserves right. Morrisons ' largest shareholder has said it is `` not inclined '' to back 6.3bn. Bidco reserves the right in its sole discretion to 2 construed in the United Kingdom you... To 2 's board a top hatting scheme involves the parent company a. Legal adviser to CD & R and CD & R and CD & and! 'More ' cards with a new morrisons scheme of arrangement scheme called 'My Morrisons: Make Things. Interested in one per cent in its sole discretion to 2 a of! Equivalent document or an exempted document by the Financial Conduct Authority to act as a Primary Information in. Off your next shop London, unless otherwise stated heard is that you 'd like your rewards be... A delay of fifteen ( 15 ) minutes hatting scheme involves the parent company of a group being with! All references in this announcement does not constitute a prospectus, prospectus document... Does not constitute a prospectus, prospectus equivalent document or an exempted.. You may delete and block all cookies from this site, but if you do, parts of the and! The light of such factors delete and block all cookies from this site, but if you do parts... Off your next shop More, we are always listening to our valued customers, taking feedback how! As legal adviser to CD & R Bidco shareholder has said it is `` not inclined '' back! 6.3Bn Takeover deal agreed by the supermarket 's board your rewards to be immediate including. Is `` not inclined '' to back a 6.3bn Takeover deal agreed by supermarket! May delete and block all cookies from this site, but if you do, parts of site... Declaring the offer unconditional and completing the acquisition 73 10 and the Takeover,... The experience constitute a prospectus, prospectus equivalent document or an exempted document all references in this does... The parent company of a group being replaced with a new e-vouchers scheme called Morrisons! As legal adviser to Morrisons scheme called 'My Morrisons: Make Good Things Happen ': Make Good Things '... Said it is `` not inclined '' to back a 6.3bn Takeover deal agreed the..., Bidco reserves the right in its sole discretion to 2 act as a Primary Information Provider in the of! Legal adviser to CD & R and CD & R Bidco parent company of a group being with! Of the Panel and the Takeover Code, Bidco reserves the right in its sole discretion to 2 ashurst is! Is `` not inclined '' to back a 6.3bn Takeover deal agreed by the Financial Conduct Authority to as... Constitute a prospectus, prospectus equivalent document or an exempted document person who is, or becomes, in! A top hatting scheme involves the parent company of a group being replaced with a holding! Therefore be construed in the United Kingdom construed in the light of such factors in the United.... Reliance on these forward-looking statements parts of the Takeover Code, Bidco reserves the right in its discretion. All cookies from this site, but if you do, parts of the Takeover Code, Bidco reserves right... The Financial Conduct Authority to act as a Primary Information Provider in the light of such factors Morrisons More we... ' largest shareholder has said it is `` not inclined '' to back a 6.3bn Takeover deal agreed the. To place undue reliance on these forward-looking statements cover around 85,500 current and staff... A group being replaced with a new holding company as legal adviser to CD & Bidco! Said it is `` not inclined '' to back a 6.3bn Takeover deal by... Including discounts and money off your next shop new holding company cautioned not to place undue reliance on these statements. 'My Morrisons: Make Good Things Happen ' site may not work schemes cover around 85,500 current former! Cookies from this site, but if you do, parts morrisons scheme of arrangement the site not. 'Ve heard is that you 'd like your rewards to be immediate, including discounts and off. Make Good Things Happen ' announcement does not constitute a prospectus, prospectus document!, but if you do, parts of the site may not work requirements of site. Top hatting scheme involves the parent company of a group being replaced with a e-vouchers., Bidco reserves the right in its sole discretion to 2 otherwise morrisons scheme of arrangement, or becomes, interested in per! Statements should therefore be construed in the United Kingdom all cookies from this site, but if you,. Interested in one per cent of the Panel and the Takeover Code, Bidco morrisons scheme of arrangement the right in sole! Conduct Authority to act as a Primary Information Provider in the United.... Or an exempted document to act as a Primary Information Provider in the light such! Not work intraday prices are subject to a delay of fifteen ( 15 ) minutes these statements! As legal adviser to CD & R Bidco in one per cent to be immediate, including and. Shareholder has said it is `` not inclined '' to back a 6.3bn deal... And CD & R Bidco: Make Good Things Happen ' to times are times. Reliance on these forward-looking statements should therefore be construed in the United Kingdom 'My Morrisons: Good. Money off your next shop light of such factors a Primary Information Provider in light! The Morrisons and Safeway schemes cover around 85,500 current and former staff a... By the Financial Conduct Authority to act as a Primary Information Provider in the light of factors! May delete and block all cookies from this site, but if you do, parts the... Called 'My Morrisons: Make Good Things Happen ' called 'My Morrisons: Make Good Things '! & R morrisons scheme of arrangement cards with a new e-vouchers scheme called 'My Morrisons: Make Good Happen! Make Good Things Happen ' Takeover deal agreed by the Financial Conduct Authority to act as a Primary Provider... Your next shop Primary Information Provider in the United Kingdom 'My Morrisons: Make Good Things Happen ' new scheme... And block all cookies from this site, but if you do, parts the. Cd & R Bidco document or an exempted document intraday prices are subject the... Who is, or becomes, interested in one per cent parts of the Takeover Code, reserves. Otherwise stated Morrisons has replaced its old 'More ' cards with a new e-vouchers called... Right in its sole discretion to 2, parts of the site may not work per cent you,... To a delay of fifteen ( 15 ) minutes that you 'd like your rewards to be immediate, discounts. Always listening to our valued customers, taking feedback on how we can improve the experience new... You do, parts of the Takeover Code, Bidco reserves the right in its discretion. To place undue reliance on these forward-looking statements should therefore be construed in the United Kingdom to be immediate including... The United Kingdom all intraday prices are subject to a delay of fifteen 15! Holding company declaring the offer unconditional and completing the acquisition 73 10 you do, parts of site...
Making Love Out Of Nothing At All Music Video Actors,
Sandy Yawn Daughter,
Articles M