No intention to make an offer for GlobalData Plc
Further to the announcement made by GlobalData plc (“GlobalData”) on 30 April 2025 regarding a possible offer for GlobalData, Kohlberg Kravis Roberts & Co. L.P., acting in its capacity as advisor to its affiliated investment funds and separately managed accounts (“KKR”), confirms that it does not intend to make a firm offer for GlobalData.
This is a statement to which Rule 2.8 of the Code applies. Accordingly, KKR and any person(s) acting in concert with it will, except with the consent of the Panel on Takeovers and Mergers (the “Takeover Panel”), be bound by the restrictions set out in Rule 2.8 of the Code. Under Note 2 of Rule 2.8 of the Code, KKR, and any person(s) acting in concert with it, reserves the right to set the restrictions in Rule 2.8 of the Code aside in the following circumstances:
a) with the agreement of the Board of Directors of GlobalData;
b) following the announcement of a firm intention to make an offer for GlobalData by, or on behalf of, a third party;
c) following the announcement by GlobalData of a Rule 9 waiver proposal (as described in Note 1 of the Notes on Dispensations from Rule 9 of the Code), or a reverse takeover (as defined by the Code); or
d) where the Takeover Panel has determined that there has been a material change in circumstances.
KKR also reserves the right to acquire shares of GlobalData, subject to, and in accordance with, the Code and other applicable regulations.