30th Jan 2007 17:11
Smiths Group PLC30 January 2007 PROPOSED SALE OF SMITHS AEROSPACE AND NOTICE OF EXTRAORDINARY GENERAL MEETING Smiths Group plc ("Smiths" or the "Company") confirms that, further to theannouncement dated 15 January, 2007 concerning the proposed sale of SmithsAerospace to General Electric Company for a total cash consideration of US$4.8billion (the "Sale"), it is today posting a circular to shareholders withfurther details of the proposed sale and convening an Extraordinary GeneralMeeting, to be held at 10.30 a.m. on 20 February 2007, to obtain all necessaryshareholder approvals for its implementation. The circular will be availablefor inspection on the Company's website www.smiths.com from 7.00am, tomorrowmorning, 31 January, 2007. The circular will include a trading update for the 6 months ending 3 February,2007 and this will also be announced at 7.00am, tomorrow morning, 31 January,2007. The Company has forwarded copies of the circular to the Financial ServicesAuthority pursuant to Listing Rule 9.6.1 and copies will shortly be madeavailable to the public for inspection at the UK Listing Authority's DocumentViewing Facility, which is situated at: Financial Services Authority, 25 TheNorth Colonnade, Canary Wharf, London, E14 5HS (Telephone: + 44 (0) 20 70661000). EXPECTED TIMETABLE OF PRINCIPAL EVENTS Latest time and date for receipt of forms of proxy, 10.30 a.m. on 18 February 2007electronic proxy votes and CREST proxy instructionsfor Extraordinary General MeetingExtraordinary General Meeting of Smiths 10.30 a.m. on 20 February 2007Expected date of completion of Sale During 2nd quarter of 2007 Note: references to time in this announcement are to London time Contacts: Smiths Group plc: +44 (0) 20 8458 3232Russell Plumley, Investor RelationsChris Fox, Media Lead Financial Adviser Evercore Partners +44 (0) 20 7268 2712Bernard TaylorJulian Oakley Joint Financial Advisers and Brokers Credit Suisse +44 (0) 20 7888 8888 James Leigh-PembertonAlex Phillips JPMorgan Cazenove +44 (0) 20 7588 2828David MayhewEdmund Byers PR Adviser Brunswick +44 (0) 20 7404 5959Jon ColesJonathan Glass Evercore Partners Limited ("Evercore Partners"), which is authorised andregulated in the United Kingdom by the Financial Services Authority, is actingfor Smiths and no one else in connection with the matters referred to in thisannouncement and will not be responsible to any person other than Smiths forproviding the protections afforded to clients of Evercore Partners, or forproviding advice in relation to these matters. Credit Suisse Securities (Europe) Limited ("Credit Suisse"), which is authorisedand regulated in the United Kingdom by the Financial Services Authority, isacting for Smiths and no one else in connection with the matters referred to inthis announcement and will not be responsible to any person other than Smithsfor providing the protections afforded to clients of Credit Suisse, or forproviding advice in relation to these matters. JPMorgan Cazenove Limited ("JPMorgan Cazenove"), which is authorised andregulated in the United Kingdom by the Financial Services Authority, is actingfor Smiths and no one else in connection with the matters referred to in thisannouncement and will not be responsible to any person other than Smiths forproviding the protections afforded to clients of JPMorgan Cazenove, or forproviding advice in relation to these matters. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Smiths GroupGEC.L