Statement From Jd.com
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Further to the announcement on 19 February 2024 that JD.com was in the very preliminary stages of evaluating a possible transaction that may include a cash offer for the entire issued share capital of Currys, JD.com today confirms that, following careful consideration, it does not intend to make an offer for Currys.
This is a statement to which Rule 2.8 of the Code applies.
For the purposes of Note 2 on Rule 2.8 of the Code, JD.com and any person(s) acting in concert with it reserve the right to make or participate in an offer for Currys (and/or take any other actions which would otherwise be restricted under Rule 2.8 of the Code) within the next six months following the date of this announcement:
- with the agreement of Currys' Board;
- following the announcement of a firm intention to make an offer for Currys by or on behalf of a third party;
- following the announcement by Currys of a Rule 9 waiver proposal (as described in Note 1 of the Notes on Dispensations from Rule 9 of the Code) or a reverse takeover (as defined in the Code); or
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