Ancala Fornia Limited Revised Ancala Bid Withdrawn (9700W)
15 Febrero 2017 - 5:10AM
UK Regulatory
TIDMDVW
RNS Number : 9700W
Ancala Fornia Limited
15 February 2017
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY IN OR INTO OR FROM ANY JURISDICTION
WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR
REGULATIONS OF SUCH JURISDICTION.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
15 FEBRUARY 2017
REVISED ANCALA BID
for
DEE VALLEY GROUP PLC
by
ANCALA FORNIA LIMITED
REVISED ANCALA BID WITHDRAWN
Bidco notes the announcement released by Dee Valley earlier
today that the Severn Trent Scheme has now become effective.
The Revised Ancala Bid is now incapable of becoming or being
declared unconditional. Therefore, Bidco announces that, with the
permission of the Panel, the Revised Ancala Bid has been
withdrawn.
In accordance with the terms of the Revised Ancala Bid, (i) in
the case of Ordinary Shares held in certificated form, completed
Forms of Acceptance, share certificates and/or other documents of
title will be returned, by post, within 14 calendar days, in each
case, to the person or agent whose name and address is set out in
the relevant Form of Acceptance at the risk of the person or agent
concerned; and (ii) in the case of Ordinary Shares held in
uncertificated form, the Receiving Agent will as soon as reasonably
practicable give TFE instructions to Euroclear to transfer all
relevant Ordinary Shares held in the escrow balance and in relation
to which it is the escrow agent for the purposes of the Revised
Ancala Bid to the original available balances of the Dee Valley
Shareholders concerned.
Unless otherwise stated, capitalised terms used in this
announcement have the same meaning as those in the Original Ancala
Bid announcement dated 21 October 2016 and the Revised Offer
Document dated 24 November 2016.
Enquiries:
Bidco
Spence Clunie / David Owens +44 (0) 20 3440
/ Tim Power 3515
GCA Altium (Financial Adviser
to Bidco)
Stephen Georgiadis / Tim +44 (0) 20 7484
Richardson 4040
Important notices relating to financial advisers
GCA Altium, which is authorised and regulated by the Financial
Conduct Authority in the United Kingdom, is acting as exclusive
financial adviser to Bidco and Ancala and no one else in connection
with the Revised Ancala Bid. In connection with such matters, GCA
Altium, its affiliates and their respective directors, officers,
employees and agents will not regard any other person as their
client, nor will they be responsible to any other person for
providing the protections afforded to their clients or for
providing advice in relation to the Revised Ancala Bid, the
contents of this announcement or any other matter referred to
herein.
Further information
This announcement is not intended to, and does not, constitute
or form part of any offer, invitation or the solicitation of an
offer to purchase, otherwise acquire, subscribe for, sell or
otherwise dispose of any securities, or the solicitation of any
vote or approval in any jurisdiction, pursuant to the Revised
Ancala Bid or otherwise. The Revised Ancala Bid is being made
solely by means of the Revised Offer Document. Any response to the
Revised Ancala Bid should be made only on the basis of information
contained in the Revised Offer Document. Dee Valley Shareholders
are advised to read the formal documentation in relation to the
Revised Ancala Bid carefully.
This announcement has been prepared for the purposes of
complying with English law, the rules of the London Stock Exchange
and the Takeover Code and the information disclosed may not be the
same as that which would have been disclosed if this announcement
had been prepared in accordance with the laws and regulations of
any jurisdiction outside the United Kingdom.
Overseas jurisdictions
The distribution of this announcement in jurisdictions other
than the United Kingdom and the ability of Dee Valley Shareholders
who are not resident in the United Kingdom to participate in the
Revised Ancala Bid may be affected by the laws of relevant
jurisdictions. Therefore any persons who are subject to the laws of
any jurisdiction other than the United Kingdom or Dee Valley
Shareholders who are not resident in the United Kingdom will need
to inform themselves about, and observe, any applicable legal or
regulatory requirements. Any failure to comply with the applicable
restrictions may constitute a violation of the securities laws of
any such jurisdiction. Further details in relation to Overseas
Shareholders are contained in the Revised Offer Document.
The offers by Bidco for the Ordinary Shares are not being, and
will not be, made available, directly or indirectly, in or into or
by the use of the mails of, or by any other means or
instrumentality of interstate or foreign commerce of, or any
facility of a national state or other securities exchange of, any
Restricted Jurisdiction.
Accordingly, copies of this announcement and all documents
relating to the Revised Ancala Bid are not being, and must not be,
directly or indirectly, mailed, transmitted or otherwise forwarded,
distributed or sent in, into or from any Restricted Jurisdiction
and persons receiving this announcement (including, without
limitation, agents, nominees, custodians and trustees) must not
distribute, send or mail it in, into or from such jurisdiction. Any
person (including, without limitation, any agent, nominee,
custodian or trustee) who has a contractual or legal obligation, or
may otherwise intend, to forward this announcement and/or the
Revised Offer Document and/or any other related document to a
jurisdiction outside the United Kingdom should inform themselves
of, and observe, any applicable legal or regulatory requirements of
their jurisdiction.
This information is provided by RNS
The company news service from the London Stock Exchange
END
OLAFELFFDLFBBBQ
(END) Dow Jones Newswires
February 15, 2017 06:10 ET (11:10 GMT)
Dee Valley Grp (LSE:DVW)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Dee Valley Grp (LSE:DVW)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024