Response to Announcement by Worldpay Group plc
July 5, 2017 (London) – JPMorgan Chase & Co. ("J.P. Morgan") notes the announcement by Worldpay Group plc ("Worldpay") on 4 July 2017. In response to an invitation from Worldpay, J.P. Morgan was at a very early stage in considering whether or not to make an offer or the terms of any offer for Worldpay.
Following preliminary considerations, J.P. Morgan hereby announces that it does not intend to make an offer for Worldpay. J.P. Morgan continues to hold Worldpay in high regard.
Accordingly, J.P. Morgan is, except with the consent of the UK Panel on Takeovers and Mergers, bound by the restrictions in Rule 2.8 of the City Code on Takeovers and Mergers.
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