Source - LSE Regulatory
RNS Number : 9001J
SailPoint Technologies, Inc.
30 October 2024
 

THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.

 

30 October 2024

 

SailPoint Technologies UK Ltd ("BidCo"),

a wholly-owned indirect subsidiary of SailPoint Parent, L.P. ("SailPoint")

 

Confirmation of compliance with post-offer intention statements made regarding Osirium Technologies plc ("Osirium")

Pursuant to Rule 19.6(c) of the Code, and further to completion of BidCo's recommended cash acquisition of the entire issued and to be issued share capital of Osirium, which was implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 and became effective on 30 October 2023, BidCo announces that it has duly confirmed in writing to The Panel on Takeovers and Mergers that there have been no changes to and that it has complied with the post-offer intention statements made pursuant to Rule 2.7(c)(viii) and Rule 24.2 of the Code, as originally detailed in its announcement dated 30 August 2023, and in the scheme document published by Osirium dated 18 September 2023, and as subsequently updated in its announcement dated 22 November 2023.

Enquiries:

SailPoint and Bidco

c/o Cavendish

 

 

Cavendish Capital Markets Limited

(Financial Adviser to SailPoint and Bidco)

Henrik Persson

Fergus Sullivan

 

+44 20 7220 0500

Kirkland & Ellis International LLP is acting as legal adviser to Bidco and SailPoint.

Cavendish Capital Markets Limited ("Cavendish") which, in the United Kingdom, is authorised and regulated by the Financial Conduct Authority is acting for SailPoint and Bidco and no one else in connection with the matters set out in this announcement and will not be responsible to anyone other than the SailPoint and Bidco for providing the protections afforded to clients of Cavendish for providing advice in relation to the possible offer, the contents of this announcement or any other matters referred to in this announcement.

 

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