Offer Update
03 Mai 2001 - 10:43AM
UK Regulatory
RNS Number:0474D
Foster's Brewing Group Ld
3 May 2001
NOTICE UNDER SECTION 630(3) OF THE CORPORATIONS LAW
STATUS OF DEFEATING CONDITIONS
To:
1. Wine Planet Holdings Limited
2. Australian Stock Exchange Limited
3. Australian Investments and Securities Commission
Cellarmaster Wines Pty Limited ACN 076 727 949 ("Cellarmaster") gives notice
under section 630(3) of the Corporations Law, in relation to its takeover offer
dated 10 April 2001 for the ordinary shares in Wine Planet Holdings Limited ACN
008 728 505 ("Wine Planet") (the "Offer"), that as at the date of this notice:
(a) the offer has been freed from all defeating conditions contained in the
Offer (as set out in Section 2.10(a) of Cellarmaster's Bidder's Statement
dated 4 April 2001);
(b) the following defeating conditions contained in the Offer have been
fulfilled:
(i) the condition contained in section 2.10(a)(i) of Cellarmaster's Bidder's
Statement that:
"at the end of the Offer Period, Cellarmaster and its associates have
received minimum valid acceptances in respect of at least 55.4% (by
number) of Wine Planet Shares (so that Cellarmaster and its associates
hold a relevant interest in at least 80% of Wine Planet Shares)"; and
(ii) the condition contained in section 2.10(a)(viii) of Cellarmaster's
Bidder's Statement that:
"before the end of the Offer Period, the lessor of the property located
at 140-144 Parramatta Road, Camperdown, NSW unconditionally (other than
as to the solvency of the proposed assignee and the obtaining of the
consent of the mortgagee) consents to a change in effective control of
the lessee, Ewines Pty Ltd,and to the assignment of the leases of that
property and the property at 21-25 Kingston Road, Camperdown to third
parties;
(c) as far as Cellarmaster knows, no defeating conditions contained in the
Offer have been fulfilled, other than the conditions described in paragraph
(b) above; and
(d) as at the date of this notice, Cellarmaster's voting power in Wine Planet
is 87.52%
Dated: 3 May 2001
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