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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bus.Sys.Grp | LSE:BSG | London | Ordinary Share | GB0008222043 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 18.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMASW TIDMBSG RNS Number : 6146S Advanced Computer Software PLC 21 May 2009 THIS NOTICE IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM REPUBLIC OF IRELAND, CANADA, UNITED STATES, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO. Recommended cash offer for Business Systems Group Holdings Plc by Advanced Computer Software Plc Posting of Offer Document Further to the announcement made on 8 May 2009 regarding the recommended cash offer to be made by Advanced Computer Software Plc ("ACS") to acquire the entire issued and to be issued share capital of Business Systems Group Holdings Plc ("BSG") other than certain BSG Shares which have been conditionally acquired by ACS outside the offer ("the Offer"), ACS announces that the offer document containing full terms of, and conditions to, the Offer, (the "Offer Document") was posted to BSG Shareholders, together with the related Form of Acceptance today. To accept the Offer in respect of BSG Shares held in certificated form, BSG Shareholders should complete, sign and return the Form of Acceptance, which accompanies the Offer Document together with their share certificate(s), in accordance with the instructions contained therein and set out in the Offer Document, as soon as possible and, in any event, so as to be received by Capita Registrars by no later than 1.00pm (London time) on 12 June 2009. To accept the Offer for BSG Shares held in CREST, BSG Shareholders should follow the procedure for electronic acceptance through CREST in accordance with the instructions set out in the Offer Document so that the TTE Instruction settles as soon as possible and, in any event, by no later than 1.00pm (London time) on 12 June 2009. Copies of the Offer Document and the Form of Acceptance are available from Capita Registrars, Corporate Actions, The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU during normal business hours on any weekday (Saturdays, Sundays and public holidays excluded) while the Offer remains open for acceptance. Terms defined in the Offer Document have the same meaning in this announcement. Seymour Pierce Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for ACS and ACS and no-one else in connection with the Offer and will not be responsible to anyone other than ACS for providing the protections afforded to clients of Seymour Pierce Limited nor for providing advice in relation to the Offer, the content of this announcement, or any transaction, arrangement or matter referenced herein. Singer Capital Markets, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for BSG and no-one else in connection with the Offer and will not be responsible to anyone other than BSG for providing the protections afforded to clients of Singer Capital Markets nor for providing advice in relation to the Offer, the content of this announcement, or any transaction, arrangement or matter referenced herein. This announcement is not intended to and does not constitute, or form any part of, an offer to sell or the solicitation of an offer to subscribe for or buy any securities, nor shall there be any sale, issue or transfer of the securities referred to in this announcement in any jurisdiction in contravention of any applicable law. The Offer is made solely by means of the Offer Document and, in the case of certificated BSG Shares, the Form of Acceptance accompanying the Offer Document. The Offer Document is available on the ACS website at www.advcomputersoftware.com and on the BSG website at www.bsg.co.uk. Enquiries: Advanced Computer Software Plc Vin Murria, Chief Executive Officer +44 20 7831 5088 Karen Bach, Chief Financial Officer Seymour Pierce Ltd Richard Feigen +44 207 107 8000 Sarah Jacobs Christopher Wren College Hill Adrian Duffield +44 20 7457 2815 Carl Franklin Note to Editors. Advanced Computer Software Plc (AIM:ASW) is a leading provider of software and IT services to the primary care sector. Through its subsidiary Adastra, ACS services more than 95% of Out-of-Hours operational hubs and approximately 50% of NHS walk-in clinics in England. Adastra's software interoperates with more than 100 other IT systems serving both the primary care and the acute parts of the NHS. A secondary product automates the flow of information between the National Nurse Helpline Services (NHS Direct, NHS24 and NHS Wales) and the operational hubs of the Primary Care Trusts. ACS occupies a strategically important niche in the IT framework of the NHS, from which it intends to expand through a strategy of product innovation, selective acquisitions and/or technical collaborations, thus consolidating a fragmented market. By broadening its products and services, the ACS Group aims to improve the flow of patient information throughout primary care using, where possible, a single view of the patient record. At the same time, the ACS Group's strategy is designed to maximise opportunities for cost savings, shared R&D and cross-selling, whilst aligning with recent changes in NHS IT procurement that increase the purchasing power of the primary care segment. This information is provided by RNS The company news service from the London Stock Exchange END ODPAMMMTMMJTTPL
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