18th Oct 2006 15:00
SABMiller PLC18 October 2006 18 October 2006 OUTCOME OF SABMILLER TENDER OFFER TO ACQUIRE REMAINING BAVARIA S.A. SHARES IN COLOMBIA SABMiller plc ("SABMiller"), one of the world's leading brewers, announces todaythe acquisition of an additional 516,304 shares in Bavaria S.A. ("Bavaria") in atender offer which took place on the Colombian Stock Exchange on 12 October2006. These shares represent 0.21% of Bavaria and increase SABMiller's interestin Bavaria to 97.99%. At the offer price of 46,176 Colombian pesos per share,the total cash consideration paid was approximately 23,841 million Colombianpesos or US$10.1 million, with settlement effected today. Ends Notes to editors: SABMiller SABMiller plc is one of the world's largest brewers with brewing interests ordistribution agreements in over 60 countries across five continents. The group'sbrands include premium international beers such as Miller Genuine Draft, PeroniNastro Azzurro and Pilsner Urquell, as well as an exceptional range of marketleading local brands. Outside the USA, SABMiller plc is also one of the largestbottlers of Coca-Cola products in the world. In the year ended 31 March 2006, the group reported US$15,307 million inrevenues and profit before tax of US$2,453 million. SABMiller plc is listed onthe London and Johannesburg stock exchanges. This announcement can be found on www.sabmiller.com High resolution brand images are available for the media to view and downloadfree of charge from www.vismedia.co.uk. Enquiries:------------------------------------------------------------------------------ SABMiller plc Tel: +44 20 7659 0100 Sue Clark Director of Corporate Affairs Tel: +44 20 7659 0184 Rachel Kentleton Senior Investor Relations Manager Tel: +44 20 7659 0113 Nigel Fairbrass Head of Media Relations Tel: +44 7799 894265 This announcement does not constitute an offer to sell or issue or thesolicitation of an offer to buy or acquire securities of SABMiller plc (the"Company") or any of its affiliates in any jurisdiction or an inducement toenter into investment activity. This document includes "forward-looking statements". These statements maycontain the words "anticipate", "believe", "intend", "estimate", "expect" andwords of similar meaning. All statements other than statements of historicalfacts included in this announcement, including, without limitation, thoseregarding the Company's financial position, business strategy, plans andobjectives of management for future operations (including development plans andobjectives relating to the Company's products and services) are forward-lookingstatements. These forward-looking statements involve known and unknown risks,uncertainties and other important factors that could cause the actual results,performance or achievements of the Company to be materially different fromfuture results, performance or achievements expressed or implied by suchforward-looking statements. These forward-looking statements are based onnumerous assumptions regarding the Company's present and future businessstrategies and the environment in which the Company will operate in the future.These forward-looking statements speak only as at the date of this announcement.The Company expressly disclaims any obligation or undertaking to disseminate anyupdates or revisions to any forward-looking statements contained in thisannouncement to reflect any change in the Company's expectations with regardthereto or any change in events, conditions or circumstances on which any suchstatement is based. Any information contained in this announcement on the price at which theCompany's securities have been bought or sold in the past, or on the yield onsuch securities, should not be relied upon as a guide to future performance. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SAB.L