27th Jun 2007 13:11
Smiths Group PLC27 June 2007 Smiths Group - Return of Cash - Purchase of own shares Following the purchase by JPMorgan Cazenove from Shareholders of 224,439,118 BShares pursuant to the Initial Purchase Offer made by JPMorgan Cazenove asannounced on 25 June 2007, these B Shares have been purchased by the Companyfrom JPMorgan Cazenove for an amount equal to 365 pence per B share and will becancelled by the Company. The Company has also purchased the Deferred Shares arising on the automaticconversion of the 348,205,433 B Shares in respect of which the Single B ShareDividend is payable, for an aggregate consideration of one penny, and theseDeferred Shares will also be cancelled by the Company. The remaining 4,926,594 B Shares, in respect of which elections were made toretain B Shares, will continue to be in issue. Terms defined in the Circular to Shareholders dated 16 May 2007 have the samemeaning when used in this announcement. For further information: Smiths Group plc: 020 8458 3232 Russell Plumley JPMorgan Cazenove: 020 7588 2828 Edmund Byers Matthew Lawrence Credit Suisse Securities (Europe) Limited: 020 7888 8888 James Leigh-Pemberton Tristan Lovegrove JPMorgan Cazenove Limited, which is authorised and regulated in the UnitedKingdom by the FSA, is acting for Smiths and no-one else in connection with theReturn of Cash and will not be responsible to anyone other than Smiths forproviding the protections afforded to clients of JPMorgan Cazenove Limited orfor providing advice in relation to the Return of Cash. Credit Suisse Securities (Europe) Limited, which is authorised and regulated inthe United Kingdom by the FSA, is acting for Smiths and no-one else inconnection with the Return of Cash and will not be responsible to anyone otherthan Smiths for providing the protections afforded to clients of Credit SuisseSecurities (Europe) Limited or for providing advice in relation to the Return ofCash. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Smiths Group