DL. Dealogic

 

TIDMDL. 
 
RNS Number : 9282N 
Dealogic (Holdings) PLC 
21 June 2010 
 

Dealogic (Holdings) plc - Result of Tender Offer 
Dealogic (Holdings) plc ("Dealogic" or "the Company"), the provider of a 
platform of software, communications and information products to the investment 
banking industry, is pleased to announce the result of the Tender Offer referred 
to in the circular to Shareholders dated 2 June 2010 ("Circular"). 
 
The Tender Offer closed in accordance with its published timetable at 3.00 p.m. 
on 17 June 2010.  Valid tenders in respect of a total of 21,777,282 Ordinary 
Shares were received pursuant to the Tender Offer made by J.P. Morgan Cazenove 
("JPMC"), which equates to approximately 32.6 per cent. of the Issued Ordinary 
Share Capital. 
In accordance with the terms of the Tender Offer, all Shareholders who tendered 
up to their Guaranteed Entitlement will have their tenders accepted in full. 
Shareholders who tendered in excess of their Guaranteed Entitlement will have 
their tenders accepted in full up to their Guaranteed Entitlement and, in 
addition, approximately 30.3 per cent. of Tender Offer Shares tendered in excess 
of the Guaranteed Entitlement will be accepted. 
Under the terms of the repurchase agreement entered into by Dealogic and JPMC, 
JPMC has a put option to require the Company to purchase from JPMC the Ordinary 
Shares purchased by JPMC pursuant to the Tender Offer at the Tender Offer Price 
of GBP2.20. The Ordinary Shares purchased by the Company will be cancelled. 
 
Following completion of the Tender Offer and cancellation of the Ordinary 
Shares, the Company will have a total of 53,745,145 Ordinary Shares in issue (or 
49,122,644 Ordinary Shares excluding treasury shares).  Following completion of 
the Tender Offer and for the purposes of Rule 17 of the AIM Rules, Tender Offer 
Shares successfully tendered by Directors and significant shareholders (and the 
corresponding percentage of Issued Ordinary Share Capital) are as follows: 
 
+---------------+-------------+-------------+---------------+ 
|               |   No. of    |  Ordinary   |Percentage of  | 
|               |  Ordinary   |   Shares    |    Issued     | 
|               |   Shares    |    held     |   Ordinary    | 
|               |  accepted   |post-Tender  |Share Capital  | 
|               |    under    |             |  following    | 
|               |   Tender    |             | Tender Offer  | 
+---------------+-------------+-------------+---------------+ 
| Peter Ogden   |  5,301,571  | 14,758,714  |    30.04      | 
+---------------+-------------+-------------+---------------+ 
| Philip Hulme  |  5,285,714  | 14,714,286  |    29.95      | 
+---------------+-------------+-------------+---------------+ 
| Toby Haddon*  |  634,285    |  1,765,715  |     3.59      | 
+---------------+-------------+-------------+---------------+ 
| Simon Hessel  |  3,946,101  |  6,903,899  |    14.05      | 
+---------------+-------------+-------------+---------------+ 
| Dealogic      |      -      |  3,131,609  |     6.38      | 
| Employee      |             |             |               | 
| Share Trust   |             |             |               | 
+---------------+-------------+-------------+---------------+ 
*Includes Ordinary Shares tendered by Mr Haddon's wife. 
 
Under the terms of an amendment to the Exchange Rights Agreement, Thomas 
Fleming, Chief Executive Officer, will, subsequent to the Tender, have the right 
to exchange his interests in the company's US subsidiary, Dealogic LLC, for up 
to 9,083,748 Ordinary Shares in Dealogic (Holdings) plc. 
 
It is anticipated that consideration for the certificated Ordinary Shares 
purchased under the Tender Offer will be sent to Shareholders by 25 June 2010 in 
the form of a cheque. CREST account holders will have their CREST accounts 
credited by 23 June 2010. Balance certificates will be issued and share 
certificates for unsuccessfully tendered Ordinary Shares will be sent by 25 June 
2010. 
Terms used in this announcement have the same meaning as those in the Circular. 
 
Enquiries 
 
Dealogic (Holdings) plc 
Rick McHattie 
Helen Vincent 
+ 44 (0)20 7379 5650 
 
J.P. Morgan Securities Ltd (Nominated Adviser) 
Andrew Hodgkin 
Rupert Sadler 
+44 (0)20 7588 2828 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 TENKKDDPABKKOAB 
 

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