Grandtop shareholder approval received
29/09/2009 3:26pm
UK Regulatory
TIDMBMC
RNS Number : 8783Z
Grandtop International Holdings Ltd
29 September 2009
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE
UNITED STATES, CANADA, AUSTRALIA, JAPAN OR ANY JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
For Immediate Release 29 September 2009
Grandtop International Holdings Limited ("Grandtop")
All cash offer for Birmingham City PLC ("Birmingham City")
Offer update
Grandtop Shareholder approval received for the acquisition of Birmingham City
Reference is made to the announcement by Grandtop dated 21 August 2009 in
relation to, among other things, the proposed conditional offer by Grandtop to
acquire all the issued and to be issued share capital of Birmingham City PLC not
already held by Grandtop (the "Offer"). The Offer was set out in the Offer
Document dated 15 September 2009 ("Offer Document") and the accompanying Form of
Acceptance. Terms defined in the Offer Document shall have the same meanings
when used herein.
On 29 September 2009 the Grandtop Shareholders, in line with applicable
requirements of the HK Listing Rules, voted at the Grandtop Meeting to approve
the acquisition of Birmingham City Shares pursuant to the Offer.Such approval by
the Grandtop Shareholders was a condition to the Offer and that condition has
now accordingly been satisfied. The Offer remains subject to the other Offer
conditions set out in the Offer Document.
Birmingham City Shareholders wishing to accept the Offer should do so no later
than 1.00pm on 6 October 2009, the first closing date for the offer, in
accordance with the instructions set out in the Offer Document, and, where
appropriate, the accompanying Form of Acceptance.
Enquiries:
Bankside Consultants (Public Relations Adviser to Grandtop)
Steve Liebmann Tel: +44 (0) 20 7367 8888
Andrew Harris Tel: +44 (0) 20 7367 8888
This information is provided by RNS
The company news service from the London Stock Exchange
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