LONDON – In the latest development regarding the potential acquisition of National World plc, Media Concierge (Holdings) Limited has issued an update to inform shareholders of the ongoing situation. The statement, released on Sunday, follows the company’s initial announcement made on November 22, 2024.
Media Concierge continues to express its belief that shareholders of National World should have the opportunity to evaluate the possible offer. The company is advocating for National World’s board to engage constructively in discussions regarding the offer. However, it is important to note that this communication does not represent a formal intention to make an offer under the UK Takeover Code.
The recent announcement contains information that is considered inside information under Article 7 of EU Regulation 596/2014, which is also part of UK law. This regulatory detail underscores the sensitivity and significance of the potential transaction.
While the statement encourages National World shareholders to influence the board’s engagement with the offer, it also clearly states that there is no certainty that an offer will ultimately be made. This leaves the situation open-ended, with the next steps dependent on further negotiation and deliberation.
Media Concierge has directed those interested in the full statement to their website, where the details of the possible offer for National World are outlined. The terms used in the update are consistent with those provided in the initial announcement, ensuring clarity for those following the developments.
This information is based on a press release statement and serves to keep investors and the market informed about the potential changes in ownership and control of National World plc.
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