Compulsory acquisition of outstanding ALP shares

 

TIDMAFN TIDMALP 
 
RNS Number : 0041Y 
ADVFN PLC 
26 August 2009 
 
 
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR 
IN PART, IN, INTO OR FROM THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN 
OR THE REPUBLIC OF SOUTH AFRICA, OR ANY JURISDICTION WHERE TO DO THE SAME WOULD 
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION 
  26 AUGUST 2009 - For immediate release 
 
 
RECOMMENDED OFFER BY ADVFN PLC ("ADVFN") FOR THE ENTIRE ISSUED AND TO BE ISSUED 
ORDINARY SHARE CAPITAL OF ALL IPO PLC ("ALL IPO") 
 
FURTHER ACCEPTANCES AND COMPULSORY ACQUISITION OF THE OUTSTANDING ALL IPO SHARES 
 
 As at 1.00 p.m. on 25 August 2009 valid acceptances of the Offer had been 
received in respect of 17,606,410 ALL IPO Shares, representing approximately 
58.01 per cent of the issued share capital of ALL IPO. 
In addition to the acceptances referred to above, ADVFN holds 11,250,000 ALL IPO 
Shares, representing approximately 37.07 per cent of the issued share capital of 
ALL IPO. 
Accordingly, as at 1.00 PM on 25 August 2009, ADVFN either owned or had received 
valid acceptances in respect of 28,856,410 ALL IPO Shares, representing 
approximately 95.09 per cent of the issued share capital of ALL IPO. 
Having received acceptances in respect of ALL IPO Shares representing over 90 
per cent of the shares to which the Offer refers (and the same voting rights 
carried by such shares), ADVFN now announces its intention to acquire 
compulsorily the outstanding ALL IPO Shares under the provisions of sections 
974-991 of the Companies Act 2006 ("Compulsory Acquisition"). Notice to 
non-assenting ALL IPO Shareholders pursuant to section 980(1) of the Companies 
Act 2006 will be despatched in the near future. 
The Offer and the Cash Alternative, which remain subject to the terms and 
conditions set out in the Offer Document, have been extended and will remain 
open for acceptance and will do so until the Compulsory Acquisition has been 
completed. It should be noted that notice for the Compulsory Acquisition is 6 
weeks and accordingly ALL IPO Shareholders wishing to receive their 
consideration in respect of the Offer prior to this should consider accepting 
the Offer in accordance with the terms and conditions set out in the Offer 
Document. 
 
Admission to trading on AIM of the ALL IPO Shares will be cancelled on 27 August 
2009. 
 
For further information please contact: 
 
 
ADVFN PLC 
Clem Chambers (Chief Executive) 
Michael Hodges (Chairman) 
020 7070 0909 
 
Grant Thornton UK LLP (NOMAD to ADVFN) 
Fiona Kindness 
 020 7728 3414 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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