30th Nov 2007 07:00
Press release For immediate release on 30 November, 2007 London Acquisition sends draft offer memorandum to the AFM
This is a press release of London Acquisition B.V. pursuant to the provisions of Section 7, subsection 4, of the Dutch Decree on Public Offers (Besluit openbare biedingen Wft). This is not a public announcement that a public offer is to be made. Not for release, distribution or publication, in whole or in part, in the United States of America, Japan or Canada.
With reference to the joint announcement on 28 November 2007 by London Acquisition B.V. ("London Acquisition") and Stork N.V. ("Stork") announcing that conditional agreement has been reached between Stork and London Acquisition in connection with a public offer by London Acquisition for all of the issued and outstanding ordinary share capital of Stork at an offer price of EUR 48.40 in cash per ordinary share (the "Intended Offer").
London Acquisition hereby announces in accordance with Section 7, subsection 4, of the Dutch Decree on Public Offers (Besluit openbare biedingen Wft) that it has submitted the draft offer memorandum for the Intended Offer for approval to the Netherlands Authority for the Financial Markets (Autoriteit Financiƒ«le Markten) and that it has obtained commitments to finance the acquisition of all issued and outstanding shares in Stork on settlement of the Intended Offer. As referred to in the joint announcement of 28 November 2007, the making of the Intended Offer remains subject to satisfaction or waiver of certain pre-offer conditions.
The distribution of this communication may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. To the fullest extent permitted by applicable law, London Acquisition and Stork disclaim any responsibility or liability for the violation of any such restrictions by any person. Any failure to comply with these restrictions may constitute a violation of the securities laws of that jurisdiction. Neither London Acquisition, nor Stork nor any of their advisers assumes any responsibility for any violation by any person of any of these restrictions. Any Stork shareholder who is in any doubt as to his position should consult an appropriate professional adviser without delay.
Ends.
CANDOVER INVESTMENTS PLCRelated Shares:
CDI.L