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Investegate |St Modwen Props Announcements | St Modwen Props: Offer Update and Publication of Scheme Document
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Investegate |St Modwen Props Announcements | St Modwen Props: Offer by Brighton Bidco Limited
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A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. 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; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
In this announcement:
1. all prices and closing prices for St. Modwen s shares are closing middle market quotations derived from the London Stock Exchange Daily Official List (SEDOL);
2. volume weighted average prices are derived from Bloomberg;
3. St. Modwen s reported 2020 EPRA Net Tangible Assets information has been extracted, subject to rounding adjustments, from the audited annual report and accounts for St. Modwen for the year ended 30 November 2020; and
4. certain figures included in this announcement have been subject to rounding adjustments. If the Possible Offer results in an offer being made, any offer document or scheme document published in connection with such offer will contain, except with the consent of the Takeover Panel, in accordance with Rule 29 of the Takeover Code, either an updated portfolio valuation in respect of St. Modwen s property portfolio or a no material difference statement in respect of the last reported valuation of St. Modwen s