5th May 2005 12:20
TietoEnator Corporation05 May 2005 Not for release, publication or distribution in, into or from Australia, Canada,Japan or the United States 5 May 2005 RECOMMENDED INCREASED CASH OFFER by REGENT ASSOCIATES LIMITED on behalf of TIETOENATOR FINANCIAL SOLUTIONS UK LIMITED for ATTENTIV SYSTEMS GROUP PLC RULE 8 DISCLOSURE Further to the announcement on 4 May 2005 by TietoEnator Financial Solutions ofits recommended increased offer for AttentiV of 85.5 pence in cash per AttentiVShare (the "Increased Offer"), relevant details of the irrevocable undertakingsand letters of intent referred to in that announcement as required pursuant toRule 8.4 of the City Code are set out below. Irrevocable undertakings AttentiV Shareholder giving the undertaking Number of AttentiV Shares to which the undertaking relates New Star Asset Management Limited - Note(a) 1,670,000Artemis Investment Management Limited -Note (a) 1,000,000Britannic Asset Management Limited - Note(a) 922,233Framlington Investment Management Limited -Note (b) 9,345,129 Note: Material circumstances in which the undertakings will cease to bebinding (a) If a third party announces a firm intention to make an offer which valueseach AttentiV Share at a price which equals or exceeds 110% of the value perAttentiV Share of the Increased Offer(b) If a third party announces a firm intention to make an offer which valueseach AttentiV Share at a price which equals or exceeds 105% of the value perAttentiV Share of the Increased Offer Non-binding letters of intent AttentiV Shareholder giving the letter Number of AttentiV Shares to which the letter relates Insight Investment Management (Global) Limited 4,663,475Morley Fund Management Limited 4,500,000Lazard Asset Management Limited 865,720 Terms defined in the offer document dated 14 April 2005 have the same meaningsin this announcement, save where the context otherwise requires. Enquiries: Regent Associates LimitedJames Calvert 01753 800700Robert FergussonSarah McNicholas Regent Associates Limited, which is authorised and regulated in the UnitedKingdom by the Financial Services Authority, is acting exclusively as financialadviser to TietoEnator and TietoEnator Financial Solutions in connection withthe Increased Offer and no one else and will not be responsible to anyone otherthan TietoEnator and TietoEnator Financial Solutions for providing theprotections afforded to clients of Regent Associates Limited. nor for providingadvice in relation to the Increased Offer. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Aterian Plc