3rd Jul 2006 08:00
Whitbread PLC03 July 2006 3 July 2006 Not for release, publication or distribution in whole or in part or into theUnited States, Australia, Canada, Japan or the Republic of South Africa Deutsche Bank AG, London Branch Whitbread PLC Initial Purchase Offer for B Shares Deutsche Bank has agreed to make the Initial Purchase Offer referred to in theCircular from Whitbread to its Shareholders dated 26 May 2006 (the "Circular").Deutsche Bank hereby makes the Initial Purchase Offer, acting as principal, topurchase each of the 81,199,220 B Shares in respect of which valid acceptancesof the Initial Purchase Offer have been received and not withdrawn for 155pence, free of all dealing expenses and commissions, in an off-markettransaction on the terms set out in the Circular. Settlement for the B Shares acquired under the Initial Purchase Offer will bemade on 6 July 2006 when cheques will be dispatched to Shareholders whose BShares are held in certificated form (that is, not in CREST). The CREST accountsof Shareholders whose B Shares are held in uncertificated form (that is, inCREST) will be credited with the proceeds of sale on the same day. Terms defined in the Circular have the same meaning when used this announcement. For further information: Anna Glover Tel: 01582 844439 Christopher Rogers Tel: 01582 396335 Deutsche Bank, which is regulated by the Financial Services Authority for theconduct of designated investment business in the UK, is acting for Whitbread andfor no one else in connection with the Return of Cash and will not beresponsible for anyone other than Whitbread for providing the protectionsafforded to clients of Deutsche Bank or for providing advice in relation to theReturn of Cash. None of the Existing Ordinary Shares, New Ordinary Shares or the B Shares havebeen or will be registered under U.S. Securities Act of 1933, as amended (the'Securities Act') or the securities laws of any other U.S. jurisdiction, andnone of them may be offered or sold in the United States unless pursuant to anexemption form, or in a transaction not subject to the registration requirementsof the Securities Act. The release, publication or distribution of this announcement in certainjurisdictions may be restricted by law and therefore persons in suchjurisdictions into which this announcement is released, published or distributedshould inform themselves about and observe such restrictions. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF, AN OFFER TO SELL OR THESOLICITATION OF AN OFFER TO SUBSCRIBE FOR ANY SECURITIES, NOR THE SOLICITATIONOF ANY VOTE OR APPROVAL IN ANY JURISDICTION, NOR SHALL THERE BE ANY SALE, ISSUEOR TRANSFER OF THE SECURITIES REFERRED TO IN THIS ANNOUNCEMENT IN ANYJURISDICTION IN CONTRAVENTION OF APPLICABLE LAW. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Whitbread