Rule 2.7 Announcement definition

Rule 2.7 Announcement means the announcement to be made by the Parties pursuant to Rule 2.7 of the Irish Takeover Rules for the purposes of the Acquisition, in the form agreed to by or on behalf of the Parties.

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Rule 2.7 Announcement means the press announcement in the agreed form released by the Borrower and the Target to announce a firm intention on the part of the Borrower to make an offer to acquire Target Shares on the terms of the Scheme (or the Offer) in accordance with Rule 2.7 of the Takeover Code, as supplemented and/or corrected from time to time in accordance with the Takeover Code and, in each case, to the extent permitted by this Agreement.

Rule 2.7 Announcement means (in relation to a Scheme) a Scheme Press Release or (in relation to an Offer) an Offer Press Release.

Examples of Rule 2.7 Announcement in a sentence

• This Agreement, together with the Confidentiality Agreement, the Rule 2.7 Announcement and any documents delivered by Parent and the Company in connection herewith (including the Company Disclosure Schedule), constitutes the entire agreement and supersedes all prior agreements and understandings, both written and oral, between Parent and the Company with respect to the subject matter hereof, it being understood that the Confidentiality Agreement shall survive the execution and delivery of this Agreement.

• Following the execution of this Agreement, the Company and Parent shall jointly, in accordance with, and for the purposes of, the Irish Takeover Rules, procure the release of the Rule 2.7 Announcement to a Regulatory Information Service by no later than 11:59 a.m., New York City time, on December 12, 2022, or such later time as may be agreed between the Parties in writing.

• If and at the time at which it is released, the Scheme Circular contains all the material terms of the Scheme; the Scheme Circular reflects the terms of the Rule 2.7 Announcement in all material respects (mutatis mutandis) (except as permitted by Section 6.25(b) unless prohibited by Section 6.25(c)); and all statements of fact made by the Borrower in the Scheme Circular are true and accurate in all material respects as at its date.

• I acknowledge that the release of the Rule 2.7 Announcement is at Bidco’s absolute discretion and that if, after release of the Rule 2.7 Announcement, Bidco ceases to be required by the Code to implement the Scheme, or the Panel consents to Bidco not implementing the Scheme, then Bidco shall not be obliged to proceed with the Scheme.

• GLPI acknowledges and agrees with Bally’s that the contents of this agreement will be subject to public disclosure in connection with the Rule 2.7 Announcement and other public disclosures required to be made by Bally’s in the United Kingdom and the US without any further consent from GLPI.

More Definitions of Rule 2.7 Announcement

Rule 2.7 Announcement means the press announcement released by the Borrower and Catalonia to announce the firm intention on the part of the Borrower to make an offer to acquire the Catalonia Shares on the terms of the Scheme or the Offer (as applicable) in accordance with Rule 2.7 of the Takeover Code.

Rule 2.7 Announcement has the meaning ascribed thereto in the Preamble; (lll) “Sanctions” has the meaning ascribed thereto in Section 5(pp);

Rule 2.7 Announcement means the press announcement released by Acquisition SPV and the Target to announce a firm intention on the part of Acquisition SPV to make an offer to acquire the Target Shares on the terms of the Scheme or the Offer (as applicable) in accordance with Rule 2.7 of the Takeover Code.

Rule 2.7 Announcement means the Corporation’s announcement in the United Kingdom on November 18, 2020 under Rule 2.7 of the Takeover Code.

Rule 2.7 Announcement means (in relation to a Scheme) a Scheme Press Release or (in relation to an Offer) an Offer Press Release. “S&P” means Standard & Poor’s Ratings Services, a division of S&P Global, Inc., or its successor, or if it is dissolved or liquidated or no

Rule 2.7 Announcement means the announcement to be made by the Parties of a firm intention to make a recommended all cash offer for Target in accordance with rule 2.7 of the Code, in the form set out in Annex 1 (Rule 2.7 Announcement);

Rule 2.7 Announcement means the announcement of the Acquisition made pursuant to Rule 2.7 of the Takeover Code on 13 June 2024.