13th Sep 2007 16:04
Informa PLC13 September 2007 Not for release, publication or distribution in whole or in part, directly orindirectly, in or into or from the United States, Canada, Australia or Japan orany jurisdiction where to do so would constitute a violation of the relevantlaws of such jurisdiction For immediate release 13 September 2007 Recommended cash Offer for Datamonitor Completion of compulsory acquisition of Datamonitor Shares On 14 May 2007, Informa announced the terms of a recommended cash offer to bemade by Informa Acquisitions for Datamonitor at a price of 650 pence perDatamonitor Share. The Offer Document containing details of the offer was postedto Datamonitor Shareholders on the same day. The Offer was declaredunconditional in all respects on 13 July 2007. On 31 July 2007, having received acceptances in respect of more than 90 percent of the Datamonitor Shares to which the Offer related, Informa Acquisitionsposted a formal notice (the "Notice") pursuant to section 979 of the CompaniesAct 2006 (the "Act") to each Datamonitor Shareholder who had not yet validlyaccepted the Offer. The Notice set out Informa Acquisitions' intention to applythe provisions of sections 979 to 982 of the Act to compulsorily acquire alloutstanding Datamonitor Shares on the terms of the Offer. Informa Acquisitions announces that pursuant to those provisions, InformaAcquisitions has now acquired 100 per cent of the issued share capital ofDatamonitor. The Offer is therefore now closed and no longer capable ofacceptance. Terms defined in the Offer Document dated 14 May 2007 have the same meanings inthis announcement. Enquiries Informa Tel: +44 20 7017 5000Peter Rigby David Gilbertson Anthony Foye Susanna Kempe Greenhill (financial adviser to informa) Tel: +44 20 7198 7400Simon Borrows Peter Bell Maitland (PR adviser to Informa) Tel: +44 20 7379 5151William Clutterbuck Emma Burdett Greenhill, which is authorised and regulated in the United Kingdom by theFinancial Services Authority, is acting exclusively for Informa and InformaAcquisitions and no-one else in connection with the Acquisition and will not beresponsible to anyone other than Informa and Informa Acquisitions for providingthe protections afforded to clients of Greenhill nor for providing advice inrelation to the Acquisition or any other matters referred to in thisannouncement LongAcre Partners, which is authorised and regulated in the United Kingdom bythe Financial Services Authority, is acting exclusively for Datamonitor and noone else in connection with the Offer and will not be responsible to anyoneother than Datamonitor for providing the protections afforded to clients ofLongAcre Partners nor for providing advice in relation to the Offer. This announcement has been prepared for the purpose of complying with Englishlaw and the City Code and the information disclosed may not be the same as thatwhich would have been disclosed if this announcement had been prepared inaccordance with the laws of jurisdictions outside the UK. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Informa