Clarification re application of Takeover CodeSeptember 30, 2013
FOR IMMEDIATE RELEASE
Monday, 30 September 2013
Globo Plc (‘Globo’ or ‘the Company’)
Application of the City Code on Takeovers and Mergers
(the ‘Takeover Code’) to the Company
Following the announcement ‘Takeover Code’ number 1797P issued today at 0700 hrs, Globo wishes to clarify the announcement. The revised announcement, including this clarification, is provided below.
As a result of the amendments to the Takeover Code that take effect today, Globo announces that with immediate effect it is a company that is subject to the Takeover Code.
Prior to these changes, Globo was not subject to the Takeover Code as managed outside of UK. With the change effective from today (http://www.thetakeoverpanel.org.uk/publication/201312-amendments-to-the-takeover-code-effective-on-mondayseptember-2013/wppa_open) Globo is now subject to the Takeover Code as all UK publicly traded companies.
Costis Papadimitrakopoulos, CEO
Dimitris Gryparis, Finance Director
Mike Jeremy, IRO
RBC Capital Markets
(Nominated Adviser & Broker)
Stephen Foss, Pierre Schreuder or Daniel Conti