15th Jan 2008 07:35
Press release
This is a joint announcement of Stork N.V. and London Acquisition B.V. This announcement and related materials do not constitute an offer for any shares in Stork N.V. Not for release, distribution or publication, in whole or in part, in the United States of America, Canada, or Japan.
Naarden, 15 January 2008
Shareholders, representing 98% of Stork's share capital, accept London Acquisition B.V.'s offer
With reference to the recommended public offer (the "Offer") for all of the issued and outstanding ordinary shares (the "Shares") in the share capital of Stork N.V. ("Stork") announced in the press release of 14 December 2007, Stork and London Acquisition B.V. ("London Acquisition") hereby jointly announce that 26,316,919 Shares have been tendered in the Offer during the acceptance period that ended Monday 14 January 2008 at 15:00 hours CET (the "Acceptance Closing Date"). The Shares tendered in the Offer represent 84.2% of the issued and outstanding share capital in Stork and have an aggregate value of ¢â€š¬ 1,273,738,880.
The Shares tendered in the Offer together with:
(i) the additional 3,460,744 Shares that, as described in the offer memorandum of 14 December 2007, Ioliet Beheer B.V. (a holding company controlled by a consortium of Landsbanki Islands hf, Eyrir Invest hf and Marel Food Systems hf) has sold and committed to transfer to London Acquisition subject only to the Offer being declared unconditional (gestand wordt gedaan), which Shares represent approximately 11% of the issued and outstanding share capital in Stork, and
(ii) the Shares held, directly or indirectly, by Stork for its own account at the Acceptance Closing Date (approximately 3%), represent 98% of the issued and outstanding share capital of Stork.
In accordance with article 16 paragraph 1 of the Dutch Decree on Public Offers (Besluit openbare biedingen Wft), on or before Thursday 17 January 2008, London Acquisition will announce whether the remaining conditions to the Offer have been satisfied and whether the Offer will be declared unconditional.
Press information:
Stork N.V., Dick Kors, tel.: +31 (0)35 - 695 75 75
Candover: Susanna Voyle/Peter Hewer Tel: +44 (0) 20 7353 4200
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Handelsregister Hilversum 32044373
Stork N.V.
CANDOVER INVESTMENTS PLCRelated Shares:
CDI.L