25th Jun 2007 08:00
JP Morgan Cazenove25 June 2007 JPMorgan Cazenove Limited Initial Purchase Offer for B Shares of Smiths Group plc Not for release, publication or distribution in whole or in part into the UnitedStates, Canada, Australia and New Zealand. JPMorgan Cazenove hereby makes the Initial Purchase Offer (as referred to in theCircular from Smiths to its Shareholders dated 16 May 2007 (the "Circular")),acting as principal, to purchase each of the 224,439,118 B Shares in respect ofwhich valid acceptances of the Initial Purchase Offer have been received and notwithdrawn for 365 pence, free of all dealing expenses and commissions, in anon-market transaction on the terms set out in the Circular. Settlement for the B Shares acquired under the Initial Purchase Offer isexpected to be made on 28 June 2007, when cheques will be dispatched toShareholders whose B Shares are held in certificated form (that is, not inCREST) and the CREST accounts of Shareholders whose B Shares are held inuncertificated form (that is, in CREST) will be credited with the proceeds ofsale on the same day. Terms defined in the Circular have the same meaning when used in thisannouncement. For further information: Smiths Group plc: 020 8458 3232Russell Plumley JPMorgan Cazenove: 020 7588 2828Edmund ByersMatthew Lawrence No offer to purchase B Shares is being or will be made in any territory where itis illegal to do so by Smiths or JPMorgan Cazenove Limited or any person actingon behalf of either of the foregoing. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Smiths Group