June 19, 2018 / 6:06 AM / 3 months ago

BRIEF-Ion's offer for Fidessa goes unconditional, awaits regulatory greenlight

June 19 (Reuters) - Fidessa Group PLC:

* ION BIDCO’S OFFER FOR FIDESSA UNCONDITIONAL AS TO ACCEPTANCES

* AS AT 1.00 P.M. ON 18 JUNE 2018, ION BIDCO HAD RECEIVED VALID ACCEPTANCES IN RESPECT OF A TOTAL OF 32,536,598 FIDESSA SHARES REPRESENTING, IN AGGREGATE, APPROXIMATELY 83.90 PER CENT. OF FIDESSA’S ORDINARY SHARE CAPITAL IN ISSUE.

* ACCORDINGLY, ION BIDCO IS PLEASED TO ANNOUNCE THAT ACCEPTANCE CONDITION SET OUT IN PARAGRAPH 1(A) OF PART A OF APPENDIX I TO OFFER DOCUMENT HAS NOW BEEN SATISFIED AND THAT OFFER HAS THEREFORE BECOME UNCONDITIONAL AS TO ACCEPTANCES.

* COMPLETION OF OFFER REMAINS SUBJECT TO OTHER OUTSTANDING CONDITIONS AS SET OUT IN OFFER DOCUMENT INCLUDING RECEIPT OF ANTITRUST CLEARANCE FROM CMA AND RECEIPT OF REGULATORY CLEARANCE FROM FINANCIAL CONDUCT AUTHORITY. Source text for Eikon: Further company coverage: (Reporting By Sinead Cruise)

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