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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Dimension Data | LSE:DDT | London | Ordinary Share | GB0008435405 | ORD $0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 121.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMNPN TIDMDDT RNS Number : 6515X Nippon Telegraph and Telephone Corp 09 December 2010 Not for release, publication or distribution, in whole or part, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws in that jurisdiction 9 December 2010 Recommended Cash Offer for Dimension Data Holdings plc ("Dimension Data") by Nippon Telegraph and Telephone Corporation ("NTT") Completion of Compulsory Acquisition and Delisting NTT announces that the six week period connected with the compulsory acquisition of the Dimension Data Shares has now expired and that, accordingly, it is now in the process of acquiring all of the Dimension Data Shares in respect of which valid acceptances had not been tendered in the Offer. NTT expects the process to be completed by 13 December 2010. NTT confirms that delisting of the Dimension Data Shares will take place with effect from 14 December 2010. Defined terms used but not defined in this announcement have the same meanings as in the Offer Document. - Ends - For further information: +----------------------------------------+----------------------+ | NTT - Global Business Strategy Office | Telephone: +81 3 | | | 5205 5191 | +----------------------------------------+----------------------+ | | | +----------------------------------------+----------------------+ | Morgan Stanley | | | (Financial Adviser to NTT) | | +----------------------------------------+----------------------+ | Laurence Hopkins (London) | Telephone: +44 20 | | | 7425 8000 | +----------------------------------------+----------------------+ | Hironobu Wakabayashi (Tokyo) | Telephone: +81 3 | | | 5424 5000 | +----------------------------------------+----------------------+ | Risana Zitha (Johannesburg) | Telephone: +27 11 | | | 587 0800 | +----------------------------------------+----------------------+ | | | +----------------------------------------+----------------------+ | Dimension Data | | +----------------------------------------+----------------------+ | Patrick Quarmby | Telephone: +27 11 | | | 575 0000 | +----------------------------------------+----------------------+ | David Sherriffs | Telephone: +27 11 | | | 575 0000 | +----------------------------------------+----------------------+ | | | +----------------------------------------+----------------------+ | J.P. Morgan Cazenove | | | (Financial Adviser and Corporate | | | Broker to Dimension Data) | | +----------------------------------------+----------------------+ | Michael Wentworth-Stanley (London) | Telephone: +44 20 | | | 7588 2828 | +----------------------------------------+----------------------+ | David Harvey-Evers (London) | Telephone: +44 20 | | | 7588 2828 | +----------------------------------------+----------------------+ | Grant Tidbury (Johannesburg) | Telephone: +27 11 | | | 507 0300 | +----------------------------------------+----------------------+ Mitsubishi UFJ Morgan Stanley Securities Co. Ltd, Morgan Stanley & Co. Limited and Morgan Stanley South Africa (Proprietary) Limited (together, "Morgan Stanley") are acting as exclusive financial advisers to NTT and no one else in connection with the Offer and will not be responsible to anyone other than NTT for providing the protections afforded to clients of Morgan Stanley nor for providing advice in connection with the Offer, the contents of this announcement or any matter referred to herein. J.P. Morgan plc, which conducts its UK investment banking business as J.P. Morgan Cazenove and which is authorised and regulated by the UK Financial Services Authority, is acting for Dimension Data and no-one else in connection with the Offer and this document and will not be responsible to anyone other than Dimension Data for providing the protections afforded to clients of J.P. Morgan plc or for providing advice in relation to the Offer, the contents of this announcement or any matter referred to in this document. The Offer will be made in the United States in reliance on, and compliance with, Section 14(e) of the Exchange Act and Regulation 14E thereunder. The Offer will not be extended to, and may not be accepted by, holders of Dimension Data's American Depositary Receipts. The Offer relates to the shares of a UK company and will be governed by English law. The Offer will primarily be subject to the disclosure requirements and practices applicable in the UK to takeover offers, which may differ from the disclosure requirements of the SRP and the United States. Furthermore, the payment and settlement procedures with respect to the Offer will comply with the relevant United Kingdom rules, which differ from United States payment and settlement procedures. This information is provided by RNS The company news service from the London Stock Exchange END OUPUGGBPPUPUUAB
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