Result of Tender Offer
22 Octubre 2003 - 10:06AM
UK Regulatory
RNS Number:1922R
Thompson Clive Investments PLC
22 October 2003
Thompson Clive Investments plc
RESULT OF TENDER OFFER
The Tender Offer made by Cazenove & Co. Ltd, on behalf of Thompson Clive
Investments plc (the "Company"), to the Company's shareholders pursuant to which
the Company's shareholders were entitled to tender their Entitlement (or such
lesser number as they specified) at the Tender Price has now been approved at an
Extraordinary General Meeting of the Company held yesterday. The Net Asset
Value (after expenses) at the close of business on 21 October 2003 was #4.211
per Share. The Tender Offer Price is therefore #4.199 per Share.
The result of the Tender Offer was as follows:
Total Number of Shares in issue: 9,875,523
Total number of Shares to be bought back under the tender: 1,374,199
Accordingly, tenders of shares up to the Entitlement, being 14.47 per cent. of
the issued share capital of the Company, and those for less than the
Entitlement, will be satisfied in full.
Following settlement of the Tender Offer, which is expected to be made on 27
October 2003, 8,501,324 Shares will remain in issue (86.1 per cent. of the
current issued share capital of the Company).
Enquiries:
Colin Clive/Richard Thompson: Thompson Clive & Partners (Tel: 020 7535 4900)
Angus Gordon Lennox: Cazenove & Co. Ltd (Tel: 020 7588 2828)
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This information is provided by RNS
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