22nd Apr 2008 09:39
Melrose PLC22 April 2008 The following announcement is an advertisement and not a prospectus andinvestors should not subscribe for any Melrose PLC shares except on the basis ofinformation in the prospectus which is proposed to be published by Melrose PLCin due course. Not for release, publication or distribution, in whole or in part, in or intoany jurisdiction where to do so would constitute a violation of the relevantlaws of that jurisdiction. 22 April 2008 Melrose PLC ("Melrose") Recommended Acquisition of FKI plc ("FKI") Expected timetable for the principal events of the Open Offer: Record date for Open Offer close of business 21 April 2008Ex-entitlement date for Open Offer 22 April 2008Expected publication of Prospectus, Scheme Document and Melrose Circular 1 May 2008Open Offer Entitlements credited to stock accounts of Qualifying CREST Shareholders in CREST 2 May 2008Latest time and date for splitting Application Forms (to satisfy bona fide market claims only) 15.00 on 14 May 2008Latest time and date for receipt of Application Forms and payment in full under the Open Offer 11.00 on 16 May 2008Admission to trading and commencement of dealings on the London Stock Exchange of New Melrose Shares Expected to occur in early July 2008 1. Reference to times in this announcement are to London time This announcement should be read in conjunction with the full text of theannouncement and the appendices released by Melrose on 22 April 2008 in relationto the Recommended Acquisition of FKI (the "Announcement"). Certain definitionsand terms used in this announcement are set out in Appendix 6 of theAnnouncement. The New Melrose Shares may not be offered, sold, or, delivered, directly orindirectly, in, into or from the United States absent registration under the USSecurities Act or an exemption from registration. The Consideration Shares maynot be offered, sold, resold, delivered or distributed, directly or indirectly,in, into or from Canada or Japan or to, or for the account or benefit of, anyresident of Canada or Japan absent an exemption from registration or anexemption under relevant securities law. It is expected that the New MelroseShares will be issued in reliance upon the exemption from the registrationrequirements of the US Securities Act provided by Section 3(a)(10) thereof. TheFirm Placed Shares will be offered within the United States to qualifiedinstitutional buyers as defined in, and in reliance on, Rule 144A of the USSecurities Act or an exemption from, or a transaction not subject to, theregistration requirements of the US Securities Act. Under applicable USsecurities laws, persons (whether or not US Persons) who are or will be"affiliates" within the meaning of the US Securities Act of FKI or Melrose priorto, or of Melrose after, the Effective Date will be subject to certain transferrestrictions relating to the Consideration Shares received in connection withthe Scheme. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Melrose