
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 25 November 2022
Recommended Cash Acquisition
of
Euromoney Institutional Investor PLC
by
Becketts Bidco Limited
a newly incorporated company controlled by funds managed and/or advised by Astorg Asset Management S.ą r.l., Epiris GP Limited and Epiris GP III Limited to be effected by means of a Scheme of Arrangement under Part 26 of the Companies Act 2006
CANCELLATION OF LISTING
Further to the announcement by Euromoney on 24 November 2022 that the Scheme for the acquisition of Euromoney by Becketts Bidco Limited had become effective in accordance with its terms, Euromoney confirms that the listing of Euromoney Shares on the premium listing segment of the Official List and the admission to trading of Euromoney Shares on the main market of the London Stock Exchange were each cancelled with effect from 8.00 a.m. (London time) today.
Capitalised terms used but not defined in this announcement have the meaning given to them in the circular in relation to the Scheme that was published or made available to the Scheme Shareholders on 12 August 2022.
Enquiries:
Euromoney Institutional Investor PLC
Wendy Pallot, Chief Financial Officer Tel: +44 (0) 20 7779 8866
Christian Cowley, Head of Investor Relations Tel: +44 (0) 7408 863 420
Goldman Sachs International (Lead financial adviser to Euromoney)
Mark Sorrell Tel: +44 (0) 20 7774 1000
Nick Harper
Khamran Ali
UBS (Financial adviser and corporate broker to Euromoney)
Jonathan Retter Tel: +44 (0) 20 7567 8000
Jonathan Rowley
Numis (Corporate broker to Euromoney)
Mark Lander Tel: +44 (0)20 7260 1000
FTI Consulting (Public relations adviser to Euromoney)
Jamie Ricketts Tel: +44 (0) 20 3727 1000
Tom Blundell euromoney@fticonsulting.com
Lucy Highland
Astorg
James Davis Tel: +44 20 3443 8450
Michal Lange
Epiris
Ian Wood Tel: +44 20 7214 4200
Chris Hanna
BofA Securities (Joint financial adviser to the Consortium and Bidco)
Geoff Iles Tel: +44 20 7628 1000
George Close-Brooks
Alex Newman
Raymond James (Joint financial adviser to the Consortium and Bidco)
Stuart Sparkes Tel: +44 20 3798 5713
George Watson
Greenbrook (Public relations adviser to the Consortium and Bidco)
Rob White Tel: +44 20 7952 2000
James Madsen Becketts@greenbrookadvisory.com
Matthew Goodman
Freshfields Bruckhaus Deringer LLP are retained as legal adviser to Euromoney.
Latham & Watkins LLP are retained as legal adviser to the Consortium and Bidco.
Important notices relating to financial advisers
Goldman Sachs International, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the UK, is acting exclusively for Euromoney and no one else in connection with the Acquisition and will not be responsible to anyone other than Euromoney for providing the protections afforded to clients of Goldman Sachs International or for providing advice in connection with the matters referred to in this announcement.
UBS AG London Branch (UBS) is authorised and regulated by the Financial Market Supervisory Authority in Switzerland. It is authorised by the Prudential Regulation Authority (the PRA) and subject to regulation by the Financial Conduct Authority and limited regulation by the PRA in the United Kingdom. UBS is providing financial advice to Euromoney and no one else in connection with the Acquisition. In connection with such matters, UBS will not regard any other person as its client, nor will it be responsible to any other person for providing the protections afforded to its clients or for providing advice in relation to the process, contents of this announcement or any other matter referred to herein.
Numis Securities (Numis), which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively for Euromoney and no one else in connection with the Acquisition and will not be responsible to anyone other than Euromoney for providing the protections afforded to clients of Numis Securities nor for providing advice in relation to the Acquisition. Neither Numis Securities nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Numis Securities in connection with this announcement, any statement contained herein or otherwise.
Merrill Lynch International (BofA Securities), which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the UK, is acting as financial adviser exclusively for the Consortium and Bidco in connection with the Acquisition and for no one else and will not be responsible to anyone other than the Consortium and Bidco for providing the protections afforded to its clients or for providing advice in relation to the Acquisition. Neither BofA Securities, nor any of its affiliates, owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of BofA Securities in connection with this announcement, any statement contained herein, the Acquisition or otherwise.
Raymond James Financial International Limited (Raymond James), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as financial adviser to the Consortium and Bidco and no-one else in connection with the matters described in this announcement and will not be responsible to anyone other than the Consortium and Bidco for providing the protections afforded to clients of Raymond James nor for providing advice in connection with the matters referred to herein. Neither Raymond James nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Raymond James in connection with this announcement, any statement contained herein, the Acquisition or otherwise.