Response to increased and final cash offer
(Thomson Reuters ONE) - EcoSecurities Group plc1 September 2009 EcoSecurities Group plc ("EcoSecurities") EcoSecurities Response to increased and final cash offerThe Board of EcoSecurities notes the announcement today by GuanabaraHoldings B.V. ("Guanabara") of a final cash offer for EcoSecuritiesof 90 pence per EcoSecurities Share (the "Revised Offer").The Board of EcoSecurities is considering the terms of the RevisedOffer and awaits the publication of the revised offer document byGuanabara. The Board will make a further announcement in due course.In the meantime, the Board of EcoSecurities continues to recommendthat EcoSecurities' Shareholders take no action in response to theRevised Offer and, in particular, that EcoSecurities' Shareholders donot complete the form of acceptance sent to them by Guanabara. - Ends -ENQUIRIES:EcoSecurities +353 1 6139814James ThompsonRachel MountainRBS Hoare Govett +44 (0) 20 7678 8000Justin JonesHugo FisherCitigate Dewe Rogerson +44 (0) 20 7638 9571Kevin SmithThe directors of EcoSecurities accept responsibility for theinformation contained in this announcement. To the best of theknowledge and belief of the directors of EcoSecurities (who havetaken all reasonable care to ensure that such is the case), theinformation contained in this announcement is in accordance with thefacts and does not omit anything likely to affect the import of suchinformation.RBS Hoare Govett Limited, which is authorised and regulated in theUnited Kingdom by the Financial Services Authority, is actingexclusively for EcoSecurities and no one else in connection with thismatter and will not be responsible to anyone other than EcoSecuritiesfor providing the protections afforded to clients of RBS Hoare GovettLimited nor for providing advice in relation to this matter, thecontent of this announcement or any matter referred to herein.Under the provisions of Rule 8.3 of the Takeover Rules, if any person(other than a "recognised intermediary") is or becomes "interested"(directly or indirectly) in 1 per cent. or more of any class of"relevant securities" of EcoSecurities, all "dealings" in any"relevant securities" of EcoSecurities (including by means of anoption in respect of, or a derivative referenced to, any such classof "relevant securities") must be publicly disclosed in accordancewith Rule 2.9 of the Takeover Rules, including the details set out inRule 8.6 of the Takeover Rules, by no later than 3.30pm (London time)on the London business day following the date of the relevanttransaction. This requirement will continue until the date on whichthe offer becomes, or is declared, unconditional as to acceptances,lapses or is otherwise withdrawn or on which the "offer period"otherwise ends. If two or more persons "act in concert", to acquirean "interest" in "relevant securities" of EcoSecurities, they will bedeemed to be a single person for the purpose of Rule 8.3.Under the provisions of Rule 8.1 of the Takeover Rules, all"dealings" in "relevant securities" of EcoSecurities by the offeroror EcoSecurities, or by any of their respective "associates", must bedisclosed by no later than 12.00 noon (London) on the London businessday following the date of the relevant transaction.A disclosure table, giving details of the companies in whose"relevant securities" "dealings" should be disclosed, can be found onthe Irish Takeover Panel's website at www.irishtakeoverpanel.ie. TheIrish Takeover Panel also provides an appropriate form for anydisclosures under Takeover Rules 8.1 or 8.3.'Interests in securities' arise, in summary, when a person has longeconomic exposure, whether conditional or absolute, to changes in theprice of securities. In particular, a person will be treatedas having an 'interest' by virtue of the ownership or control ofsecurities, or by virtue of any option in respect of, or derivativereferenced to, securities.Terms in quotation marks are defined in the Takeover Rules, which canalso be found on the Irish Takeover Panel's website. If you are inany doubt as to whether or not you are required to make a disclosureunder Rule 8, you should consult the Irish Takeover Panel.In addition to copies of the documents listed as available forinspection in EcoSecurities' response circular to the offer of 77pence per ordinary share made by Guanabara Holdings B.V. (the"Offer") dated 4 August 2009, a copy of this announcement will beavailable for inspection at the offices of Matheson Ormsby Prentice,70 Sir John Rogerson's Quay, Dublin 2 during normal business hours onany weekday (Saturday, Sunday and public holidays excepted) whilstthe Revised Offer remains open for acceptance.---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Bereitgestellt von Benutzer: hugin
Datum: 01.09.2009 - 18:34 Uhr
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