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Inmarsat PLC   -  ISAT   

Withdrawal of EchoStar offer

Released 16:49 06-Jul-2018

RNS Number : 9250T
Inmarsat PLC
06 July 2018
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

 

FOR IMMEDIATE RELEASE

 

6 July 2018

 

Inmarsat plc statement re withdrawal of EchoStar

 

The Board of Inmarsat plc ("Inmarsat" or the "Company") notes today's further announcement by EchoStar Corporation ("EchoStar") that it does not intend to make an offer for Inmarsat.

 

The Board remains highly confident in the independent strategy and prospects of Inmarsat, given our track record, unique capabilities, differentiated market position and strong channels to market. Inmarsat will publish its interim year results for the period to 30 June 2018 on 2 August 2018 and will update the market on the Company's progress at that time.

 

Contacts

 

Investor Enquiries:


Media Enquiries:

Rob Gurner


Jonathan Sinnatt

Tel: +44 (0)20 7728 1518


Tel: +44 (0)20 7728 1935

rob.gurner@inmarsat.com  

 

jonathan.sinnatt@inmarsat.com

 

 

Further information

 

This announcement is not intended to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this announcement or otherwise.

 

The distribution of this announcement in jurisdictions outside the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.

 

 

 


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Withdrawal of EchoStar offer - RNS