Aegis Group PLC Court sanction of Scheme of Arrangement (6552A)

TIDMAGS

RNS Number : 6552A

Aegis Group PLC

22 March 2013

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

22 March 2013

Recommended cash offer

for

Aegis Group plc

by

Dentsu Inc.

Court sanction of the Scheme of Arrangement

Aegis Group plc ("Aegis") is pleased to announce that the scheme of arrangement (the "Scheme") in order to effect the recommended acquisition of Aegis by Dentsu (the "Acquisition") was today sanctioned by the Court. As announced on 13 March 2013, the Second Court Hearing is expected to take place on 26 March 2013.

Subject to Court approval of the Capital Reduction at the Second Court Hearing and the timing of the delivery of the court orders to Companies House, the Effective Date is expected to be on or before 28 March 2013.

In any event, the consideration of 240 pence per Scheme Share to be paid to Scheme Shareholders pursuant to the terms of the Scheme is expected to be dispatched (in the case of certificated holders of Scheme Shares) or settled in CREST (in the case of uncertificated holders of Scheme Shares) on or before 9 April 2013.

Defined terms used in this announcement have the same meanings as are given to them in the Scheme Document.

 
 Enquiries: 
 Dentsu                                                       [phone] 
 Tadashi Ishii, President & Chief Executive 
  Officer 
  Shoichi Nakamoto, Executive Vice President 
  Tim Andree, President & Chief Executive Officer, 
  Dentsu Network 
  Yumiko Toyoda, Senior Manager, Investor Relations 
  Group                                                        [phone] 
  Shusaku Kannan, Senior Manager, Corporate Communications      [phone] 
  Division                                                      [phone] 
  Morgan Stanley 
   (Dentsu's Financial Adviser)                               [phone] 
 Ian Hart 
  Laurence Hopkins 
  Hironobu Wakabayashi                                         [phone] 
 Aegis                                                        [phone] 
 Jerry Buhlmann, Chief Executive Officer 
  Nick Priday, Chief Financial Officer 
  Rob Gurner, Head of Investor Relations 
  Louise Evans, Group Director of Communications               [phone] 
  Greenhill                                                   [phone] 
 (Aegis's Lead Financial Adviser) 
 Richard Hoyle 
  Pieter-Jan Bouten 
  J.P. Morgan Cazenove 
 (Aegis's Corporate Broker & Financial Adviser)               [phone] 
 Tim Wise 
 Chris Wood                                                   [phone] 
  Tulchan 
   (Aegis's PR Adviser)                                        [phone] 
 Susanna Voyle 
  James Macey White 
 

IMPORTANT NOTICES

Morgan Stanley is acting exclusively for Dentsu and no one else in connection with the Acquisition and this announcement and will not be responsible to anyone other than Dentsu for providing the protections afforded to clients of Morgan Stanley or for providing advice in connection with the Acquisition or any matter referred to herein.

Greenhill, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Aegis and no one else in connection with the Acquisition and will not be responsible to anyone other than Aegis for providing the protections afforded to clients of Greenhill or for providing advice in connection with the Acquisition or any matter referred to herein.

J.P. Morgan Limited, which conducts its UK investment banking business as J.P. Morgan Cazenove and is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Aegis and no one else in connection with the Acquisition and will not be responsible to anyone other than Aegis for providing the protections afforded to its clients or for providing advice in connection with the Acquisition or any matter referred to herein.

You may request a hard copy of this announcement by contacting Aegis's registrar, Computershare Investor Services PLC on 0870 889 3174 (from inside the UK) or [phone] (from outside the UK). You may also request that all future documents, announcements and information to be sent to you in relation to the Acquisition should be in hard copy form.

Publication on Website

A copy of this announcement will be made available subject to certain restrictions relating to persons resident in Restricted Jurisdictions, free of charge, on www.aegisplc.com and on www.dentsu.com by no later than noon (London time) on 25 March 2013.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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