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AXN Alexon Grp.

2.825
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alexon Grp. LSE:AXN London Ordinary Share GB00B28Y7M80 ORD 12.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.825 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Style Holdings PLC - Offer Wholly Unconditional

13/10/1999 9:23am

UK Regulatory


RNS No 9754d
STYLE HOLDINGS PLC
13 October 1999



ALEXON GROUP PLC RECOMMENDED OFFER FOR STYLE HOLDINGS PLC

Further to the announcement of the level of acceptances
of the Offer earlier today, the board of Alexon is
pleased to announce that the London Stock Exchange has,
in accordance with paragraph 7.1 of the Listing Rules,
admitted the New Alexon Shares to be issued in connection
with the Offer to the Official List and therefore the
recommended Offer by Dresdner Kleinwort Benson on behalf
of Alexon to acquire the whole of the issued and to be
issued share capital of Style has now become wholly
unconditional.  The Offer will remain open for acceptance
until further notice.

Style Shareholders who wish to accept the Offer and have
not yet done so should return their completed Forms of
Acceptance as soon as possible. Style Shareholders who
have enquiries regarding the completion of Forms of
Acceptance should contact Lloyds TSB Registrars by post
at The Causeway, Worthing, West Sussex BN99 6DA or by
telephone on 01903 702 767.

Enquiries:

Alexon Group plc            Robin Piggott  01582 723131

Dresdner Kleinwort Benson   Jonathan Roe   0207 623 8000

Buchanan Communications     Mark Edwards   0207 466 5000


Unless the context otherwise requires, the definitions
contained in this announcement are the same as those used
in the offer document dated 21 September 1999.

Kleinwort Benson Securities Limited ("Dresdner Kleinwort
Benson"), which is regulated by The Securities and
Futures Authority Limited, is acting for Alexon and no
one else in connection with the Offer, and will not be
responsible to anyone other than Alexon for providing the
protections afforded to customers of Dresdner Kleinwort
Benson nor for providing advice in relation to the Offer.


END


OFFAILLTIVLVLAA


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