Source - RNS
RNS Number : 9253I
Home Retail Group Plc
05 September 2016
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

5 September 2016

 

RECOMMENDED CASH AND SHARE OFFER

FOR

HOME RETAIL GROUP PLC

BY

J SAINSBURY PLC

 

CANCELLATION OF LISTING OF HOME RETAIL GROUP PLC

 

Home Retail Group plc ("Home Retail Group") today announces that the cancellation of Home Retail Group Shares from listing on the premium segment of the UKLA's Official List and from trading on the market for listed securities maintained by the London Stock Exchange took place at 8.00 a.m. today (London time). This follows
J Sainsbury plc ("Sainsbury's") and Home Retail Group's joint announcement on 2 September 2016 that the
recommended Acquisition of Home Retail Group by Sainsbury's has completed and the entire issued share capital of Home Retail Group is owned by Sainsbury's indirectly, through its wholly-owned subsidiary Sainsbury's Intermediate Holdings Limited.

Defined terms used but not defined in this announcement have the meanings set out in the Scheme Document dated 5 July 2016.

Enquiries

Home Retail Group

Richard Ashton                                                    Tel: +44 (0) 1908 600 291
Mark Willis

Bank of America Merrill Lynch (Financial Adviser to Home Retail Group)

Jonathan Bewes                                                   Tel: +44 (0) 20 7628 1000
Eamon Brabazon
Geoff Iles
Luke McMullan

Important notices relating to financial advisers

Merrill Lynch International ("Bank of America Merrill Lynch"), a subsidiary of Bank of America Corporation, is acting exclusively for Home Retail Group plc in connection with the matters set out in this announcement and for no one else and will not be responsible to anyone other than Home Retail Group plc for providing the protections afforded to its clients or for providing advice in relation to the matters set out in this announcement.

Publication on Website

A copy of this announcement will be made available, subject to certain restrictions relating to persons resident in or subject to laws and/or regulations of Restricted Jurisdictions, on the Sainsbury's Group's website at http://www.j-sainsbury.co.uk/investor-centre/disclaimer/ and the Home Retail Group's website at https://www.homeretailgroup.com/investor-centre/sainsburys-offer/ by no later than 12 noon (London time) on the Business Day following this announcement. For the avoidance of doubt, neither the contents of those websites nor the contents of any website accessible from hyperlinks on those websites (or any other websites referred to in this announcement) are incorporated into, or form part of, this announcement.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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