Bandt PLC - Compulsory Acqn. of Shares
24 Août 1999 - 6:00PM
UK Regulatory
RNS No 4743j
BANDT PLC
24 August 1999
Tilbury Douglas Plc ("Tilbury Douglas")
Recommended Offer for Bandt plc ("Bandt")
Compulsory acquisition of outstanding Bandt Shares
Tilbury Douglas announces that, as at the close of business on
Monday 23 August, 1999 it had received valid acceptances under
the Offer in respect of 135,407,333 Bandt Shares, representing
approximately 96.04 per cent. of the issued ordinary share
capital of Bandt.
Formal notices will be despatched today to all holders of
Bandt Shares who have not yet accepted the Offer advising them
that Tilbury Douglas intends to acquire compulsorily all
outstanding Bandt Shares to which the Offer relates in six
weeks' time.
The Offer (but not the Mix and Match Election nor the Dividend
Election) will remain open for acceptance until further
notice.
Words defined in the Offer Document dated 19 July, 1999 shall
have the same meaning in this announcement, unless the context
otherwise requires.
The Offer is not being made, directly or indirectly, in or
into the United States of America, Canada, Japan and
Australia.
Enquiries:
Tilbury Douglas Mike Bottjer 0118 932 0128
Stuart Lee
Cazenove & Co. Nick Wiles 0171 588 2828
Cazenove & Co., who are regulated by The Securities and
Futures Authority Limited, are acting for Tilbury Douglas and
no one else in connection with the Offer and will not be
responsible to anyone other than Tilbury Douglas for providing
the protections afforded to customers of Cazenove & Co. or for
giving advice in relation to the Offer.
END
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