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This is an announcement falling under Rule 2.8 of the City Code on Takeovers and Mergers (the "Code").
22 March 2016
Statement from Apple Inc. ("Apple") re. Imagination Technologies plc ("Imagination")
From time to time, Apple talks with companies about potential acquisitions. We had some discussions with Imagination, but we do not plan to make an offer for the company at this time.
This announcement is made in accordance with Rule 2.8 of the Code. As a result of this announcement, Apple will, except with the consent of the UK Panel on Takeovers and Mergers, be bound by the restrictions contained in Rule 2.8 of the Code.
Apple Press Contacts:
Josh Rosenstock +1 408 862 1142
Alan Hely +44 (0) 20 7184 1193
Cooley (UK) LLP (legal advisers to Apple Inc.)
Justin Stock +44 (0) 207 556 4260
Ed Lukins +44 (0) 207 556 4261
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