Response to Statement by Hedin Mobility Group AB

09th Dec 2022

The Board of Pendragon (the “Board”) notes the announcement released today by Hedin Group under Rule 2.8 of the City Code on Takeovers and Mergers (the "Code") that it does not intend to make an offer for Pendragon due to challenging market conditions and the uncertain economic outlook.

 

The full statement can be viewed and downloaded below.

Downloads

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