22nd Dec 2005 10:49
Pendragon PLC22 December 2005 Not for release, publication or distribution, in whole or part, in, into or from the United States, Canada, Australia or Japan. FOR IMMEDIATE RELEASE 22 December 2005 PROPOSED ACQUISITION by PENDRAGON PLC ("PENDRAGON") for REG VARDY PLC ("REG VARDY") Result of EGM On 3 December 2005, Pendragon announced the proposed acquisition of Reg Vardyfor an estimated cash consideration of £450 million (the "Acquisition"). Pendragon announces that at the Extraordinary General Meeting held earliertoday, the resolution approving the Acquisition was duly passed. A copy of the resolution passed at the Extraordinary General Meeting will besubmitted to the Financial Services Authority for publication through thedocument viewing facility which is situated at the Financial Services Authority,25 North Colonnade, Canary Wharf, London E14 5HS. Reg Vardy Shareholders are reminded that the first closing date of Pendragon'sOffer for Reg Vardy is 3.00 p.m. (London time) on 28 December 2005. Terms used in this announcement shall have the same meanings as in the Circulardated 6 December 2005, which was sent to Pendragon Shareholders. Pendragon PLC Tel: 01623 725 114Trevor Finn, Chief ExecutiveDavid Forsyth, Finance Director Citigroup Global Markets Limited Tel: 020 7986 4000Philip Robert-TissotSam SmallChris Zeal (Corporate Broking) Finsbury Group Tel: 020 7251 3801Rupert YoungerGordon Simpson Citigroup Global Markets Limited, which is authorised and regulated in theUnited Kingdom by the Financial Services Authority, is acting exclusively forPendragon and no one else in connection with the Offer and will not beresponsible to any other person for providing the protections afforded toclients of Citigroup Global Markets Limited or for providing advice in relationto the Offer. This announcement does not constitute, or form part of, any offer for, or anysolicitation of any offer for, securities. Any acceptance or other response tothe Offer should be made only on the basis of information referred to in theOffer Document. The Offer is not being and will not be made, directly or indirectly, in or into,or by use of the mails of, or by any means or instrumentality (including,without limitation, facsimile transmission, electronic mail, telex or telephone)of interstate or foreign commerce of, or any facilities of a national securitiesexchange of, the United States, Canada, Australia or Japan and the Offer willnot be capable of acceptance by any such use, means, instrumentality orfacility, directly or indirectly from or within the United States, Canada,Australia or Japan. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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