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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Office2Off. | LSE:OFF | London | Ordinary Share | GB00B01GL703 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 50.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMOFF
RNS Number : 7788U
Office2office PLC
20 October 2014
Not for release, publication or distribution, in whole or in part, directly or indirectly, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction.
20 October 2014
RECOMMENDED CASH OFFER
for
OFFICE2OFFICE PLC
by
EVO BUSINESS SUPPLIES LIMITED
a newly incorporated company owned by the Endless III Funds that are managed by Endless LLP
to be effected by means of a Scheme of Arrangement under Part 26 of the Companies Act 2006
UK Competition and Markets Authority approval
On 21 August 2014, the Boards of EVO and office2office announced that agreement had been reached on the terms of a recommended cash offer by which the entire issued and to be issued ordinary share capital of office2office will be acquired by EVO.
The boards of EVO and office2office are pleased to announce that, earlier today, the CMA announced that it has unconditionally cleared the office2office Acquisition following its Phase 1 investigation.
The office2office Acquisition is subject to the satisfaction or waiver (if capable of waiver) of the remaining Conditions set out in the Scheme Document which was published on 8 September 2014 and it is expected that the office2office Acquisition will progress according to the timetable as published in the Scheme Document with the Scheme becoming effective on 24 October 2014 and the cancellation of admission to trading and listing of office2office Shares taking effect no later than 8.00 a.m. on 27 October 2014.
Defined terms used but not defined in this announcement have the meanings set out in the Scheme Document.
Enquiries:
EVO +44 (0) 113 210 4000 Mathew Deering Deloitte Corporate Finance (Financial adviser to EVO and Endless) +44 (0) 207 936 3000 Byron Griffin / David Smith / Adrian Hargrave office2office plc +44 (0) 1603 691 102 Jim Cohen / Simon Moate / Hugh Cawley / Debbie Rodwell Rothschild (Financial adviser +44 (0) 113 200 1900 to office2office) Stephen Griffiths / Matthew Jowett WH Ireland (Broker to office2office) +44 (0) 207 220 1666 Adrian Hadden MHP Communications (PR adviser +44 (0) 203 128 8100 to office2office) Reg Hoare / Katie Hunt / Jade Neal
This information is provided by RNS
The company news service from the London Stock Exchange
END
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