Marston’s PLC has noted the press speculation and confirms that it has today received an unsolicited non-binding proposal from Platinum Equity Advisors, LLC regarding a possible cash offer for the entire issued, and to be issued, share capital of Marston’s.
Marston's Board will evaluate the proposal with its advisers and a further announcement will be made in due course. There can be no certainty that any firm offer will be made for Marston's, nor as to the terms on which any firm offer might be made.
Platinum is required to either announce a firm intention to make an offer for Marston's or not by no later than 5pm (London time) on Friday 26 February 2021, 28 days after today's date.