In 2020 the update came on the 3rd February. In 2021 it was on the 29th January. The 9th February announcement wasn’t an update but information on how to link to the half year briefing.
My expectation is that they will either do an update this week followed by an announcement within a day or two of signing with LFS or more likely announce the two at the same time. If they weren’t close to an agreement with LFS they wouldn’t have extended the period for negotiations.
Value of Deal, page-315
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