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Notice related to financial advisers
WH Ireland Limited, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively for the Company and for no one else in connection with the subject matter of this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in connection with the subject matter of this announcement.
Disclosure requirements of the Takeover Code
Under Rule 8.3(a) of the Code, any person who is interested in 1% 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 fir
French Connection has been approached by Spotlight Brands in conjunction with Gordon Brothers International LLC and Go Global Retail in conjunction with HMJ International Services Ltd
Shares in French Connection Group remained up by more than 70% this afternoon (5 February) after the fashion retailer confirmed it has received two separate takeover approaches.
The potential suitors are Spotlight Brands in conjunction with Gordon Brothers International LLC (Spotlight), and Go Global Retail in conjunction with HMJ International Services Ltd (Go Global). Discussions with both Spotlight and Go Global remain at a very early stage. Accordingly, there can be no certainty that an offer will be made, nor as to the terms on which any offer might be made, the retailer said, adding that further announcements will be made in due course and that any offer is likely to be in cash.