30th May 2007 13:47
Mothercare PLC30 May 2007 30 May 2007 Mothercare plc (the "Company") Proposed Acquisition of Chelsea Stores Holdings Limited ("CSHL") Further to the Company's announcement of 28 April 2007 regarding its proposedacquisition of CSHL (the "Proposed Acquisition"), the Company announces that ithas today received notification from the Cyprus Commission for the Protection ofCompetition that it has approved the Proposed Acquisition. Accordingly, thiscondition has now been satisfied. The Proposed Acquisition remains conditional upon the clearance of the Office ofFair Trading, the Admission of the New Mothercare Shares and the approval of theResolutions by the Company's shareholders, which is being sought at an EGM. The EGM will be held at 11.00 a.m. on 14 June 2007 at Mothercare plc, CherryTree Road, Watford, Hertfordshire, WD24 6SH. Copies of the Circular dated 25 May 2007 (the "Circular"), which contains thenotice of the EGM, have been submitted to the UK Listing Authority and areavailable for inspection by the public during normal business hours any weekday(public holidays excepted) at the UK Listing Authority's Document ViewingFacility, which is situated at: The Financial Services Authority, 25 The North Colonnade, Canary Wharf, LondonE14 5HS, tel. 020 7066 1000. The Circular and the Prospectus are also available on the Company's website,www.mothercare.com. Terms defined in the Circular have the same meaning in this announcement. For further enquiries, contact: Mothercare: 01923 206 001Ben Gordon, Chief ExecutiveNeil Harrington, Finance Director Citigroup Capital Markets Limited (Financial adviser to Mothercare): 020 7986 4000Ian HartLouise Stonestreet Brunswick (PR adviser to Mothercare): 020 7404 5959Susan GilchristAnna Jones Citigroup Global Markets Limited ("Citi"), which is authorised and regulated inthe UK by the Financial Services Authority, is acting for Mothercare and no oneelse in connection with the Proposed Acquisition and will not regard any otherperson as its client in relation to the Proposed Acquisition and will not beresponsible to anyone other than Mothercare for providing the protectionsafforded to clients of Citi, or for providing advice in relation to the ProposedAcquisition or any transaction or arrangement referred to in this document. This announcement does not constitute or form part of any offer or invitation topurchase, otherwise acquire, subscribe for, sell, otherwise dispose of or issue,or any solicitation of any offer to sell, otherwise dispose of, issue, purchase,otherwise acquire or subscribe for, any security. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Mothercare