Recommended cash acquisition of the entire issued and to be issued ordinary share capital of Flybe Group PLC (Flybe) by Connect Airways Limited (Bidco) (the Acquisition)
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Access to information relating to the Acquisition
Please read this notice carefully – it applies to all persons who view this part of the Stobart’s website and, depending upon who you are and where you live, it may affect your rights. This part of Stobart’s website contains announcements, documents and information relating to the Acquisition (the Information). Please note that, as the Acquisition progresses, the Information as well as the terms of this notice may be altered or updated. You should read the full text of this notice each time you visit this part of the Stobart’s website. In addition, the Information may be amended at any time in whole or in part at the sole discretion of Stobart or Bidco.
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It is the responsibility of any persons seeking to access this section of the website to satisfy themselves as to the full observance of any relevant laws and regulatory requirements. Viewing the Information may not be lawful in certain jurisdictions. In other jurisdictions, only certain categories of person are allowed to view the Information. If you are not permitted to view the Information, or viewing the Information would result in a breach of the above, or you are in any doubt as to whether you are permitted to view the Information, please exit this webpage by clicking on the “I disagree” box below.
Basis of access to information relating to the Acquisition
YOU SHOULD NOT SHARE THE INFORMATION WITH OR DOWNLOAD, MAIL, FORWARD, DISTRIBUTE OR SEND THE INFORMATION TO ANY PERSON. IN PARTICULAR, YOU SHOULD NOT MAIL, FORWARD, DISTRIBUTE OR SEND THE INFORMATION TO ANY JURISDICTION WHERE IT WOULD BE UNLAWFUL TO DO SO.
The Information is being made available in good faith and for information purposes only. Any person seeking access to this part of Stobart’s website represents and warrants to Stobart that they are doing so for information purposes only. Making the Information available in electronic format is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote or approval in any jurisdiction pursuant to the Acquisition or otherwise, nor shall there be any sale, issuance or transfer of the securities in any jurisdiction in contravention of applicable law.
If you are in any doubt about the Information or the action you should take, you should seek your own financial advice from an independent financial adviser authorised under the Financial Services and Markets Act 2000 (as amended) or, if you are located outside the United Kingdom, from an appropriately authorised independent financial adviser.
Any shareholder action required in connection with the Acquisition will only be set out in documents sent to or made available to Flybe’s shareholders and any decision made by such shareholders should be made solely and only on the basis of information provided in those documents.
Some of the Information may include statements that are or may be deemed to be “forward-looking statements”. These statements are prospective in nature and are not based on historical facts, but rather on the current expectations of the management of Stobart and Bidco about future events and are naturally subject to uncertainty and changes in circumstances which could cause actual events to differ materially from the future events expected or implied by the forward-looking statements. The forward-looking statements contained in the Information include statements about the expected effects of the Acquisition on Stobart and/or Bidco, the expected timing and scope of the Acquisition, synergies, other strategic options and all other statements in the Information other than historical facts. Forward-looking statements may (but will not always) include, without limitation, statements typically containing words such as “plans”, “aims”, “intends”, “expects”, “anticipates”, “believes”, “estimates”, “will”, “may”, “budget”, “forecasts” and “should” and words of similar import. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future.
These forward-looking statements are not guarantees of future performance and have not been reviewed by the auditors of Stobart or Bidco. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements. These factors include, but are not limited to, the satisfaction of the conditions to the Acquisition, as well as additional factors, such as changes in economic conditions, changes in the level of capital investment, success of business and operating initiatives and restructuring objectives, customers’ strategies and stability, changes in the regulatory environment, fluctuations in interest and exchange rates, the outcome of litigation, government actions and natural phenomena such as floods, earthquakes and hurricanes. Other unknown or unpredictable factors could cause actual results to differ materially from those in the forward-looking statements. Investors should not place undue reliance on any forward-looking statements. None of Stobart or its affiliates and their respective directors, officers, employees, advisers, agents or any person acting on their behalf (the Stobart Persons) provides any representation, assurance or guarantee that the occurrence of events expressed or implied in any forward-looking statement contained in the Information will actually occur.
The directors of Stobart (the Stobart Directors) only accept responsibility for the correctness and fairness of the reproduction or presentation of the Information unless the responsibility statement in any relevant document expressly provides otherwise. No other liability, express or implied, is accepted by any such person for the content of the Information, save that nothing shall exclude the liability of a person for their fraud or fraudulent misrepresentation.
None of the Stobart Directors, Stobart or its affiliated companies have reviewed and none of them are responsible for, or accepts any liability in respect of, any information on any other website that may be linked to this website by a third party.
Subject to any continuing obligations under applicable law and the City Code on Takeovers and Mergers, Stobart expressly disclaims any obligation to disseminate, after the date of the posting of the Information, any updates or revisions to any statements in the Acquisition to reflect any change in expectations or events, conditions or circumstances on which any such statements are based.
Neither Stobart nor Bidco, nor any of their respective advisers, associates, directors or officers undertakes any obligation to update publicly, expressly disclaim or revise the Information or any forward-looking statement contained in the Information, whether as a result of new information, future events or otherwise, except to the extent legally required.
THE INFORMATION MAY NOT BE DOWNLOADED BY ANY PERSON EITHER IN WHOLE OR IN PART WHERE TO DO SO WOULD OR MAY CONSTITUTE A BREACH OF ANY APPLICABLE LOCAL LAWS OR REGULATIONS.
THIS NOTICE SHALL BE GOVERNED BY, AND INTERPRETED IN ACCORDANCE WITH, ENGLISH LAW.
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