29th Sep 2005 11:24
Not for distribution in or into the United States of America, Canada, Japan orAustralia United Business Media plc Repurchase of B Shares In accordance with the circular to B shareholders dated 8 September 2005, aRepurchase Offer for B shares, enabling shareholders to sell their B Shares at245 pence, free of all dealing expenses and commissions, has today been made byMerrill Lynch. As at 3.00pm on 28 September valid acceptances of the RepurchaseOffer had been received in respect of 615,866 B Shares, representingapproximately 11.3 per cent of the B Shares in issue as at that date. These BShares have subsequently been purchased by the Company in an on-Exchangetransaction for cancellation at 245 pence each.Cheques and sale advices are expected to be despatched and assured paymentsmade through CREST by 4 October 2005 in respect of B Shares purchased under theRepurchase Offer.Following this purchase 4,830,923 B shares remain in issue.Notes:All definitions used in the Circular to shareholders dated 8 September 2005apply to this announcementEnquiries:Anne SiddellUnited Business Media020 7921 5000Tony WhiteMerrill Lynch International020 7628 1000ENDUNITED BUSINESS MEDIA PLCRelated Shares:
UBM