London / UK. (pf) Further to the company’s announcement dated 24 March 2016, Premier Foods PLC and Nissin Foods Holdings Company Limited have entered into a Relationship Agreement on terms and conditions that are customary for a substantial shareholding of this nature. Pursuant to the terms of the Relationship Agreement, Nissin will have the right to appoint a non-executive director to the Board of Premier for so long as Nissin holds an interest in shares representing 15 percent or more of the ordinary issued share capital of Premier. There remains no other information required to be disclosed under paragraph 9.6.13R of the Listing Rules in connection with the above potential appointment.
Related News
- McCormick abandons takeover plan (see b:eu on 2016/04/14)
- Premier Foods in constructive talks with McCormick (see b:eu on 2016/04/08)
- Premier Foods about possible offer by McCormick (see b:eu on 2016/03/31)
- Nissin Foods Acquires 17.3% of Premier Foods Shares (see b:eu on 2016/03/26)
- McCormick on its Possible Offer for Premier Foods (see b:eu on 2016/03/26)
- Premier Foods rejects approach from McCormick and announces co-operation agreement with Japan’s Nissin Foods (see b:eu on 2016/03/24)
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