16th Dec 2005 10:38
Persimmon PLC16 December 2005 Not for release, publication or distribution, in whole or part, in, into or from the United States, Canada, Australia or Japan. FOR IMMEDIATE RELEASE 16 December 2005 RECOMMENDED CASH OFFER by CITIGROUP GLOBAL MARKETS LIMITED ("citigroup") on behalf of PERSIMMON PLC ("PERSIMMON") for WESTBURY PLC ("WESTBURY") Posting of Offer Documentation Further to the announcement made on 24 November 2005 of a recommended cash offerby Citigroup on behalf of Persimmon for Westbury (the "Offer"), Persimmonannounces that the document containing the full terms and conditions of theOffer (the "Offer Document") has been posted to Westbury Shareholders today,together with the Form of Acceptance. If you hold Westbury Shares in certificated form, to accept the Offer, youshould complete, sign and return the Form of Acceptance as soon as possible and,in any event, so as to be received by Computershare Investor Services PLC by nolater than 3.00 p.m. (London time) on 6 January 2006. Acceptances in respect of uncertificated Westbury Shares should be madeelectronically through CREST so that the TTE Instruction settles by no laterthan 3.00 p.m. (London time) on 6 January 2006. If you hold Westbury Shares asa CREST sponsored member, you should refer to your CREST sponsor as only yourCREST sponsor will be able to send the necessary TTE Instruction to CRESTCo. Persimmon PLC Tel: 01904 642 199 Mike Killoran (Group Finance Director)Neil Francis (Group Company Secretary) Citigroup Global Markets Limited Tel: 020 7986 4000 Philip Robert-TissotDimitrios GeorgiouNigel Mills (Corporate Broking)Andrew Forrester (Corporate Broking) Finsbury Group Tel: 020 7251 3801Edward OrlebarFaeth Birch Citigroup Global Markets Limited, which is authorised and regulated in theUnited Kingdom by the Financial Services Authority, is acting exclusively forPersimmon and no one else in connection with the Offer and will not beresponsible to any other person for providing the protections afforded toclients of Citigroup Global Markets Limited or for providing advice in relationto the Offer. This announcement does not constitute an offer to sell or the solicitation of anoffer to purchase or subscribe for any securities or an invitation to purchase,pursuant to the Offer or otherwise. Any acceptance or other response to theOffer should be made only on the basis of information referred to in the OfferDocument. The release, publication or distribution of this announcement in certainjurisdictions may be restricted by law and therefore the persons in suchjurisdictions into which this announcement is released, published or distributedshould inform themselves of, and observe, any applicable restrictions. The Offer is not being and will not be made, directly or indirectly, in or into,or by use of the mails of, or by any means or instrumentality (including,without limitation, facsimile or electronic transmission, telex, internet ortelephone) of interstate or foreign commerce of, or any facility of a national,state or other securities exchange of, the United States, Canada, Australia orJapan and the Offer will not be capable of acceptance by any such use, means,instrumentality or facility from or within the United States, Canada, Australiaor Japan. Accordingly, copies of this announcement and all formal documentationrelating to the Offer are not being, and must not be, mailed or otherwiseforwarded, distributed or sent in, into or from the United States, Canada,Australia or Japan. Persons receiving such documents (including, withoutlimitation, nominees, trustees and custodians) should observe these restrictionsand must not mail or otherwise forward, distribute or send such documents in,into or from the United States, Canada, Australia or Japan. Doing so mayinvalidate any related purported acceptance of the Offer. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Persimmon