AUG Augean Plc

TIDMAUG

RNS Number : 6852M

Takeover Panel

22 September 2021

2021/19

OFFERS BY

Antwerp management limited, A COMPANY INDIRECTLY OWNED BY FUNDS MANAGED OR ADVISED BY morgan stanley infrastructure inc., an indirect subsidiary of morgan stanley,

("MSIP")

AND

eleia limited, A COMPANY indirectly owned by a consortium consisting of investment funds managed by ancala Partners llp and fiera infrastructure inc.,

("eleia")

for

augean plc ("augean")

On 16 September 2021, the Panel Executive announced that, in accordance with Rule 32.5 of the Takeover Code, it had established an agreed auction procedure (the "Auction Procedure") for the resolution of the competitive situation in relation to Augean.

The Auction Procedure has ended and the offers of MSIP and Eleia following its conclusion are as follows:

 
   MSIP:    361 pence per Augean ordinary share 
   Eleia:   372 pence per Augean ordinary share 
 

22 September 2021

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END

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(END) Dow Jones Newswires

September 23, 2021 01:59 ET (05:59 GMT)

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