Response to Rule 2.8 announcement

Summary by AI BETAClose X

Auction Technology Group plc has announced that FitzWalter Capital Limited has confirmed it does not intend to make an offer for the company, thereby being bound by Rule 2.8 of the City Code on Takeovers and Mergers. The Board expressed gratitude for shareholder engagement and customer and employee support throughout this process and anticipates continuing a constructive dialogue with FitzWalter.

Disclaimer*

Auction Technology Group PLC
02 February 2026
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

 

FOR IMMEDIATE RELEASE

 

2 February 2026

 

 

Auction Technology Group plc ("ATG" or the "Company")

 

Response to Rule 2.8 announcement from FitzWalter Capital Limited ("FitzWalter")

 

 

The Board of ATG (the "Board") notes the announcement made by FitzWalter on 2 February 2026 confirming that it does not intend to make an offer for ATG. As a result, FitzWalter is bound by the restrictions set out in Rule 2.8 of the City Code on Takeovers and Mergers. 

 

The Board is grateful for the substantial engagement of its shareholders and the support of its customers and employees throughout this process and looks forward to continuing its constructive dialogue with FitzWalter.

 

 

Enquiries

 

ATG                                                                                      +44 (0)79 7497 4690 / +44 (0)20 3725 5500

Chris Dyett

 

FTI Consulting (Media Enquiries)                                                                          +44 (0)20 3727 1000

Jamie Ricketts / Matt Dixon/ Ed Bridges / Edward Knight

 

 

Website publication

 

A copy of this announcement will be available on ATG's website at www.auctiontechnologygroup.com by no later than 12 noon (London time) on the business day following the date of this announcement. The contents of the website referred to in this announcement are not incorporated into and do not form part of this announcement.

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