18th Apr 2006 07:01
Medical Property Investment Fd Ltd18 April 2006 For immediate release Not for release, publication or distribution in whole or in part, in or into theUnited States of America, Canada, Australia, the Republic of South Africa, Japanor any other jurisdiction if to do so would constitute a violation of therelevant laws of such jurisdiction The Medical Property Investment Fund Limited Proposed acquisition of Berrington and Placing and Open Offer On 13 April 2006, The Medical Property Investment Fund Limited announcedProposals, inter alia, to acquire Berrington and to raise £110.0 million beforeexpenses by way of a placing and open offer of 64,729,021 Open Offer Shares. The Company now announces that the prospectus in relation to the Proposals hasbeen dispatched to Shareholders. The timetable of key events relating to theProposals is set out below: Record Date for the Open Offer close of business on 12 April 2006 Ex-entitlement date for the Open Offer 18 April 2006 Open Offer Entitlements credited to CREST stock accounts 18 April 2006 Recommended latest time for requesting withdrawal ofOpen Offer Entitlements from CREST 4.30 p.m. on 4 May 2006 Latest time for depositing Open Offer Entitlements into CREST 3.00 p.m. on 8 May 2006 Latest time and date for splitting Application Forms(to satisfy bona fide market claims) 11.00 a.m. on 9 May 2006 Latest time and date for receipt of Forms of Proxy 11.00 a.m. on 10 May 2006 Latest time and date for receipt of completed Application Forms and payment in full under the Open Offer or settlement of relevantCREST instruction (as appropriate) 11.00 a.m. on 11 May 2006 Extraordinary General Meeting 11.00 a.m. on 12 May 2006 Admission expected to occur and dealings expected to commence in New Ordinary Shares 8.00 a.m. on 15 May 2006 Completion of the Acquisition (assuming all conditions are satisfied) 15 May 2006 CREST accounts credited in respect of the New Ordinary Shares to beissued in uncertificated form 15 May 2006 Definitive share certificates expected to be dispatched in respect ofNew Ordinary Shares in certificated form 22 May 2006 The New Ordinary Shares will, on Admission, rank in full for all dividends andother distributions declared, made or paid on the Ordinary Shares afterAdmission (save that they will not rank for the final dividend declared by theCompany for the 12 months ended 31 December 2005) and will otherwise rank paripassu in all respects with the Ordinary Shares in issue at the date of thisannouncement. Terms and expressions used in this announcement shall, unless the contextotherwise requires, have the same meanings as given to them in the Company'sannouncement of 13 April 2006. Enquiries Richard Burrell Berrington Fund Management Limited 020 7659 6271 Tony Langham Lansons Communications 020 7294 3617 [email protected] 07979 692 287James Horsman Lansons Communications 020 7294 3686 [email protected] 07730 989 699Charlotte Edgar Lansons Communications 020 7294 3622 [email protected] 07734 929 219 This announcement does not constitute or form part of any offer or invitation tosell or issue, or any solicitation of any offer to acquire, purchase orsubscribe for any securities. This announcement has not been examined orapproved by the FSA or the London Stock Exchange or any other regulatoryauthority. The distribution of this announcement in certain jurisdictions maybe restricted by law and therefore persons into whose possession thisannouncement comes should inform themselves about and observe any suchrestrictions. Any failure to comply with these restrictions may constitute aviolation of the securities laws of any such jurisdiction. Any purchase of orapplication for shares in the Placing and the Open Offer should only be made onthe basis of information contained in the formal prospectus issued in connectionwith the Placing and the Open Offer and any supplement thereto. The information contained herein is not for publication or distribution in orinto the United States of America. These materials are not an offer ofsecurities for sale in the United States. The securities referred to hereinhave not been and will not be registered under the U.S. Securities Act of 1933(the "Act"), as amended, and may not be offered or sold in the United Statesabsent registration under the Act or an available exemption from registration.No public offering of the securities referred to herein will be made in theUnited States. The information contained in this announcement is not forpublication or distribution to persons in Australia, Canada, Japan or theRepublic of South Africa. The shares referred to herein may not, directly orindirectly, be offered, sold, taken up or delivered in, into or from Australia,Canada, Japan or the Republic of South Africa. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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