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BSG Bus.Sys.Grp

18.75
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
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

Offer Document Posted

21/05/2009 7:01am

UK Regulatory



 

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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