21st Dec 2005 09:57
Persimmon PLC21 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 21 December 2005 RECOMMENDED CASH OFFER by CITIGROUP GLOBAL MARKETS LIMITED ("citigroup") on behalf of Persimmon plc ("Persimmon") for westbury PLC ("westbury") Posting of Class 1 Shareholder Circular Persimmon announces that it has posted a class 1 circular to its shareholders inconnection with the recommended cash offer by Citigroup, on behalf of Persimmon,for Westbury (the "Offer"). The circular contains notice of an extraordinarygeneral meeting of shareholders (the "EGM") to approve the acquisition ofWestbury and the adoption of a share incentive plan. The EGM will be held atPersimmon House, Fulford, York YO19 4FE on 6 January 2006 at 10.00 a.m. A copy of the Circular will be submitted to the Financial Services Authority forpublication through the document viewing facility which is situated at TheFinancial Services Authority, 25 North Colonnade, Canary Wharf, London E14 5HS. Copies of the Circular are available for collection by Persimmon shareholdersfrom the offices of Citigroup Global Markets Limited, Citigroup Centre, CanadaSquare, Canary Wharf, London E14 5LB during normal business hours on any weekday(Saturdays, Sundays and public holidays excepted). Persimmon PLC Tel: 01904 642 199Mike Killoran (Group Finance Director)Neil Francis (Group Company Secretary) Citigroup Global Markets Limited Tel: 020 7986 4000Philip Robert-TissotDimitrios GeorgiouNigel Mills (Corporate Broking)Andrew Forrester (Corporate Broking) Finsbury Group Tel: 020 7251 3801Edward OrlebarFaeth Birch Citigroup Global Markets Limited, which is authorised and regulated in theUnited Kingdom by the Financial Services Authority, is acting exclusively forPersimmon 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 theformal offer documentation. 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 or electronic transmission, telex, internet ortelephone) of interstate or foreign commerce of, or any facility of a national,state or other securities exchange of, the United States, Canada, Australia orJapan and the Offer will not be capable of acceptance by any such use, means,instrumentality or facility from or within the United States, Canada, Australiaor Japan. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Persimmon