Hartford Group PLC - Further re Offer Acceptances
05 Octobre 1999 - 1:26PM
UK Regulatory
RNS No 5590n
HARTFORD GROUP PLC
5 October 1999
HARTFORD GROUP PLC ("HARTFORD") LEVEL OF ACCEPTANCE OF THE
RECOMMENDED SHARE OFFER (THE "OFFER") FOR THE ENTIRE ISSUED
ORDINARY SHARE CAPITAL OF MONTANA PLC ("MONTANA")
By 3.00 pm London time on 1 October 1999, Hartford had received
valid acceptances from the holders of 4,109,107 Montana Shares
(representing approximately 91.24 per cent. of the issued share
capital of Montana, following the exercise of all exercisable
options).
The Board of Hartford announces that, having obtained valid
acceptances for over ninety per cent. of the share capital of
Montana, Hartford will acquire compulsorily all of the Montana
Shares for which it has not yet received valid acceptances in
respect of the Offer.
In accordance with sections 428 to 430F of the Companies Act 1985
(the "Act") Hartford will be shortly serving notices pursuant to
section 429(4) of the Act on the holders of Montana Shares for
which it has not yet received acceptances of the Offer.
The Offer will remain open for acceptance until further notice.
Terms defined in the original offer document dated 10 August 1999
have the same meaning in this press release unless the context
otherwise requires.
Apax Partners & Co. Capital Limited, which is regulated by The
Securities and Futures Authority Limited, is acting for Hartford
and no-one else in connection with the Offer and will not be
responsible for anyone other than Hartford for providing the
protections afforded to its customers nor for providing advice in
relation to the Offer.
Enquires:
Hartford Group PLC
Matthew Freud 0171 291 6400
Apax Partners & Co. Capital Limited
Richard Hughes 0161 831 9133
END
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