Update on Proposed Melrose Acquisition of Nortek
The Board of Directors of Melrose Industries PLC (“Melrose”) announced today that 1,741,612,236 New Melrose Shares have been
admitted to listing on the premium listing segment of the Official List of the UK Listing Authority and have been admitted to
trading, nil paid, on the London Stock Exchange's main market for listed securities at 8.00 a.m. London time today, August 9,
2016.
In addition, as previously announced, all anti-trust conditions in relation to the Nortek acquisition have been satisfied, plus
all shareholder resolutions regarding the acquisition and the fully underwritten Rights Issue were passed almost unanimously by
Melrose shareholders on 25 July 2016.
IMPORTANT NOTICE:
This announcement is for information purposes only and is not an offer to buy or the solicitation of an offer to sell any
Nortek Shares. The solicitation of offers to buy Nortek Shares has only been, and will only be, made pursuant to the offer to
purchase, the letters of transmittal and related documents, which were filed with the United States Securities and Exchange
Commission (“SEC”) on July 8, 2016. Nortek securityholders are strongly advised to read both the tender offer statement and the
solicitation/recommendation statement filed by Nortek regarding the tender offer on July 8, 2016 as they contain important
information. Nortek securityholders may obtain free copies of these statements and other documents filed with respect to the
tender offer at the SEC’s website at www.sec.gov. In addition, copies of the tender offer statement and related materials may be obtained
for free by directing such requests to the information agent for the tender offer. The solicitation/recommendation statement
and related documents may be obtained by directing such requests to Nortek. This announcement is for information purposes only and
shall not constitute an offer to buy, sell, issue or subscribe for, or the solicitation of an offer to buy, sell, issue, or
subscribe for, any securities in Melrose Industries PLC or any other entity. No securities of Melrose Industries PLC have been or
will be registered under the U.S. Securities Act of 1933, as amended, or under the securities laws of any state or other
jurisdiction of the United States and may not be offered or sold in the United States absent registration or an exemption from
registration thereunder, or in a transaction not subject to the registration requirements of the Securities Act and the securities
laws of any state or other jurisdiction of the United States.
Montfort Communications
Charlotte McMullen / Sophie Arnold
+44 (0)20 3514 0897
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