Name | Symbol | Market | Type |
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SPDR Dow Jones Industrial Average ETF Trust | TG:DON | Tradegate | Fund |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.15 | 0.04% | 415.25 | 414.95 | 415.50 | 0 | 22:50:18 |
RNS Number:1906U Donatantonio PLC 13 January 2004 Not for release, distribution or publication, in whole or in part, in or into the United States, Canada, Australia, Japan or Ireland FOR IMMEDIATE RELEASE 13th January 2004 DONATANTONIO PLC Cash offer by Hurst Morrison Thomson LLP on behalf of MC298 Limited for Donatantonio plc LEVEL OF ACCEPTANCES AND OFFER DECLARED WHOLLY UNCONDITIONAL On 23rd December 2003, MC298 Limited announced the terms of an offer (the "Offer") to acquire for cash the entire issued share capital ("Donatantonio Shares") of Donatantonio plc ("Donatantonio") not already owned by it. At the time of announcing the Offer MC298 Limited held no Donatantonio Shares and persons deemed to be acting in concert with it held 5,161,687 Donatantonio Shares (representing 34.07 per cent. of the current issued share capital of Donatantonio) and these holdings have not changed since that date. The Offer was made by Hurst Morrison Thomson LLP on behalf of MC298 Limited by means of an offer document published on 23rd December 2003 (the "Offer Document"). Prior to making the Offer, MC298 Limited had received irrevocable undertakings to accept the Offer from each of the persons deemed to be acting in concert with MC298 Limited in respect of all of the said Donatantonio Shares held by them. No other irrevocable undertakings to accept the Offer have been received by MC298 Limited. MC298 Limited announces that by 3.00 pm on 13th January 2004 valid acceptances had been received in respect of a total of 14,168,590 Donatantonio Shares (representing 93.52 per cent. of the Donatantonio Shares). Donatantonio plc announces that the resolution proposed at the Extraordinary General Meeting of Donatantonio plc held at 11 am on 13th January 2004 was duly passed. All of the conditions of the Offer as set out in the Offer Document have now been satisfied or waived and, accordingly, MC298 Limited is pleased to announce that the Offer is declared unconditional in all respects. The Offer will remain open for acceptance until further notice. Donatantonio Shareholders who have not yet accepted the Offer and who wish to do so should complete and return their forms of acceptance as soon as possible. Settlement of consideration to which any Donatantonio shareholder is entitled will be effected: (i) in the case of acceptances received (complete in all respects) by 3.00 pm on 13th January 2004, within 14 days of this date; or (ii) in the case of acceptances received (complete in all respects) after 3.00 pm on 13th January 2004 but while the Offer remains open for acceptance, within 14 days of such receipt. As the Offer is now declared unconditional in all respects MC298 Limited shall procure that Donatantonio plc will today give 20 business days' notice to the London Stock Exchange of the cancellation of Donatantonio plc's listing on the Official List of the London Stock Exchange, in accordance with Rules 1.21 and 1.23(a) of the Listing Rules. By virtue of acceptances of the Offer, MC298 Limited has within four months of the Offer acquired, or contracted to acquire, not less than nine tenths in value of the Donatantonio Shares to which the Offer relates and now announces its intention to exercise its rights under section 429 of the Companies Act 1985 to acquire compulsorily the Donatantonio Shares of any shareholders who have not accepted the Offer. The compulsory acquisition process is expected to be completed by the end of February 2004. Save as set out herein, neither MC298 Limited nor any person acting in concert with MC298 Limited held any Donatantonio Shares (or rights over Donatantonio Shares) prior to the commencement of the offer period on 23rd December 2003 and neither MC298 Limited nor any person acting in concert with MC298 Limited has acquired or agreed to acquire Donatantonio Shares since 23rd December 2003. Enquiries: Hurst Morrison Thomson LLP Tel: 01491 579740 Andrew Thomson Hurst Morrison Thomson LLP is an appointed representative of Hurst Morrison Thomson, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for MC298 Limited and no one else in connection with the Offer and will not be responsible to anyone other than MC298 Limited for providing the protections afforded to customers of Hurst Morrison Thomson nor for providing advice in relation to the Offer or any other matter referred to herein. The Offer is not being made, directly or indirectly, in or into the United States, Canada, Australia, Japan or Ireland and this announcement, the Offer Document and the related form of acceptance are not being, and should not be, mailed or otherwise distributed or sent in or into the United States, Canada, Australia, Japan or Ireland or any other jurisdiction outside the United Kingdom where to do so would constitute a violation of the relevant laws of such jurisdiction. This information is provided by RNS The company news service from the London Stock Exchange END OUPGUUPPGUPCGQW
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