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Share Name | Share Symbol | Market | Type |
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Mdc Holdings Inc | TG:MDH | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.00 | - |
RNS Number:8283P Skye Leisure Ventures PLC 16 September 2003 For immediate release 16 September 2003 Not for release, publication or distribution in or into the United States of America, Canada, Australia or Japan Recommended Cash Offer by PricewaterhouseCoopers on behalf of Skye Leisure Ventures plc for Macdonald Hotels plc Commencement of compulsory acquisition procedures Skye, having received valid acceptances of the Offer in respect of over 90 per cent. of the Macdonald Hotels Shares to which the Offer relates, has today commenced the procedure for the compulsory acquisition of the remaining Macdonald Hotels Shares under the provisions of Sections 428 to 430F of the Act. The Offer has been extended and will remain open for acceptance until further notice. The Loan Note Alternative will close at 3.00 p.m. on 17 September 2003. Macdonald Hotels Shareholders who have not yet accepted the Offer and who wish to do so are strongly encouraged to complete and return the Form of Acceptance (whether or not their Macdonald Hotels Shares are held in CREST) as soon as possible to Capita IRG Plc at Corporate Actions, PO Box 166, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TH. Definitions used in the Offer Document dated 1 August 2003 have the same meaning in this announcement, unless the context requires otherwise. PricewaterhouseCoopers, which is authorised and regulated in the United Kingdom by the Financial Services Authority for designated investment business, is acting exclusively for Skye and for no one else in relation to the Offer and will not be responsible to anyone other than Skye for providing the protections afforded to clients of PricewaterhouseCoopers or for giving advice in relation to the Offer or any other matter referred to in this announcement. The Offer is not being made, and will not be made, directly or indirectly, in or into, or by the use of the mails or by any means or instrumentality (including, without limitation, by means of telephone, facsimile, telex, internet or other forms of electronic communication) of interstate or foreign commerce or by any facilities of a national securities exchange of, the United States of America, Canada, Australia or Japan and the Offer will not be capable of acceptance by any such use, means, instrumentality or facility or from within those jurisdictions. Accordingly, copies of this announcement are not being, and must not be, mailed, transmitted or otherwise forwarded, distributed or sent, in whole or in part, in, into or from the United States of America, Canada, Australia or Japan. Custodians, nominees and trustees should observe these restrictions and should not send or distribute this announcement in, into or from the United States of America, Canada, Australia or Japan. The Bank Guaranteed Loan Notes to be issued pursuant to the Loan Note Alternative have not been, and will not be, registered under the Securities Act or under any relevant securities laws of any states or other jurisdiction of the United States of America, nor have the relevant clearances been, nor will they be, obtained from the securities commission or similar authority of any province or territory of Canada, and no prospectus has been or will be filed, or registration made, under any securities law of any province or territory of Canada, nor has a prospectus in relation to the Bank Guaranteed Loan Notes been, nor will one be, lodged with or registered by the Australian Securities and Investments Commission nor have any steps been taken, nor will any steps be taken, to enable the Bank Guaranteed Loan Notes to be offered in compliance with applicable securities laws of Japan. Accordingly, unless an exception under such Act or securities laws is available, Bank Guaranteed Loan Notes may not be offered, sold, resold, delivered or transferred directly or indirectly, in, into or from the United States of America, Canada, Australia or Japan, or any other jurisdiction in which an offer of Bank Guaranteed Loan Notes would constitute a violation of relevant laws or require registration thereof, or to or for the account or benefit of any US Person or resident of Canada, Australia or Japan. This information is provided by RNS The company news service from the London Stock Exchange END CASDGGMLKVLGFZM
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