Statement regarding possible offer for Senior plc
Advent International considering a possible offer for Senior; decision deadline 27 March 2026.
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Advent International Limited, in its capacity as adviser to Advent International, L.P., the manager of and / or adviser to certain private equity funds ("Advent") notes the recent press speculation and confirms that it is considering a possible offer for Senior.
There can be no certainty that an offer will be made for Senior nor as to the terms on which any offer might be made.
A further announcement will be made in due course when appropriate.
In accordance with Rule 2.6(a) of the Code, Advent must, by not later than 5.00 pm (London time) on 27 March 2026, either announce a firm intention to make an offer for Senior in accordance with Rule 2.7 of the Code or announce that Advent does not intend to make an offer for Senior, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code.
Rule 2.4(c)(iii) Disclosure
Advent confirms that it is not aware of any dealings in Senior shares that would require it to offer a minimum level, or particular form, of consideration under Rule 6 or Rule 11 of the Code. However, prior to this announcement it has not been practicable for Advent to make enquiries of all persons acting in concert with it to determine whether any dealings in Senior shares by such persons give rise to a requirement under Rule 6 or Rule 11 of the Code for Advent, if it were to make an offer, to offer any minimum level, or particular form, of consideration. Any such details shall be announced as soon as practicable and in any event by no later than the deadline for Advent's Opening Position Disclosure.
Website publication
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