Platinum Equity Advisors, LLC made a non-binding proposal to acquire Marston's PLC (LSE:MARS) for approximately £580 million in December 2020. As a part of consideration, Platinum Equity Advisors will acquire Marston's PLC at an offer per share of 88 pence each. The proposal was unanimously rejected by the Board of Marston's PLC. Platinum Equity Advisors, LLC made a revised non-binding proposal to acquire Marston's PLC (LSE:MARS) for approximately £630 million in December 2020. As a part of consideration, Platinum Equity Advisors will acquire Marston's PLC at an offer per share of 95 pence each. The proposal was again rejected unanimously by the Board of Marston's PLC. Platinum Equity Advisors, LLC made a revised non-binding proposal to acquire Marston's PLC (LSE:MARS) on January 29, 2021. The Board of Marston's PLC will evaluate the Proposal with its advisors and a further announcement will be made in due course. In accordance with Rule 2.6(a) of the Code, Platinum Equity Advisors, LLC, is required, by no later than 5.00 p.m. (London time) on February 26, 2021, to either announce a firm intention to make an offer for Marston's PLC. This deadline can be extended with the consent of the Takeover Panel (the "Panel") in accordance with Rule 2.6(c) of the Code. Justine Warren and Matthew Smallwood of Instinctif Partners Limited and James Mitford, Anastasia Volnova, Dwayne Lysaght and Jonty Edwards of JPMorgan Cazenove Ltd. acted as financial advisors to Marston's PLC.