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EID Eidos

31.75
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eidos LSE:EID London Ordinary Share GB0007641797 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 31.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Offer Update

16/05/2005 12:12pm

UK Regulatory


RNS Number:3346M
SCI Entertainment Group PLC
16 May 2005


16 May 2005

This Announcement is not for release, publication or distribution in whole or in
part in or into the United States, Canada, Australia or Japan.

                          SCi Entertainment Group Plc

                              Offer for Eidos PLC

                      Offer declared wholly unconditional

Following the Admission today of up to 23,667,078 Offer Shares and the
announcement on 13 May 2005 that all other conditions of the Offer for Eidos PLC
had been satisfied or waived, the Board of SCi announces that the Offer has
become wholly unconditional.

As at 1.00 p.m. on 13 May 2005, SCi had received valid acceptances of the Offer
in respect of a total of 110,801,042 Eidos Shares representing approximately
78.02 per cent of the issued share capital of Eidos.

The Offer will remain open for acceptance by Eidos Shareholders until further
notice.

Eidos Shareholders who hold their shares in certificated form and who have not
yet accepted the Offer are urged to complete and return their Forms of
Acceptance to Capita Registars, Corporate Actions, PO Box 166, The Registry, 34
Beckenham Road, Beckenham, Kent, BR3 4TH, as soon as possible. Holders of Eidos
Shares in uncertificated form may only accept the Offer in respect of such
shares by TTE Instruction in accordance with the procedure set out in paragraph
16 (b) of Part II of the Offer Document. If you are a CREST sponsored member you
should refer to your CREST sponsor before taking any action. Eidos Shareholders
who are in any doubt as to the procedure for acceptance or who require
assistance with filling in the Form of Acceptance should call Capita IRG on 0870
162 3121.

As set out in the Offer Document, SCi received irrevocable undertakings to
accept or procure the acceptance of the  Offer in respect of 66,279,421 Eidos
Shares, representing approximately 46.7 per cent. of the issued share capital of
Eidos. Acceptances under the Offer have been received in respect of 63,952,621
of the Eidos Shares the subject of these  undertakings.

The definitions contained in the Offer Document sent to Eidos Shareholders on 19
April 2005 apply for the purposes of this document.




Enquiries:

General

SCi Entertainment Group Plc
Jane Cavanagh - Chief Executive                          020 7350 5240
Rob Murphy - Finance Director                            020 7350 5240

KBC Peel Hunt Ltd
Jonathan Marren                               020 7418 8900
Matt Goode                                    020 7418 8900


Press

Bell Pottinger Corporate and Financial
Nick Lambert                                                020 7861 3891
Ann-Marie Wilkinson                                         020 7861 3891

The Offer is not being made directly or indirectly in or into, or by use of the
mails or any other means of instrumentality (including, without limitation, fax,
telex or telephone) of interstate or foreign commerce of, or any facilities of a
national securities exchange of, the United States, Canada, Australia or Japan
and will not be capable of acceptance by any such use, means, instrumentality or
facilities or from within the USA, Canada, Australia or Japan.
The Offer Shares have not been, nor will they be, registered under the United
States Securities Act of 1933 (as amended) or under the securities laws of any
jurisdiction of the United States nor under any of the relevant securities laws
of Canada, Australia or Japan. The Offer Shares may not be offered, sold or
delivered, directly or indirectly, in the United States, Canada, Australia or
Japan (unless an applicable exemption from such Act or such law is available).
This announcement does not constitute an offer of securities for sale in any US
jurisdiction, Canada, Australia or Japan or any other jurisdiction outside the
UK.

Copies of this announcement, the Offer Document, the Form of Acceptance and any
related documents are not being, and must not be, mailed or distributed or sent
in, into or from the United States, Canada, Australia or Japan, including to
Eidos Shareholders with registered addresses in the United States, Canada,
Australia or Japan. Persons receiving such documents (including, without
limitation, custodians, trustees and nominees) should not distribute or send
them in, into or from the United States, Canada, Japan or Australia or use such
mails or any such means, instrumentality or facility for any purpose, directly
or indirectly, in connection with the Offer, and so doing may affect the
validity of any related purported acceptance of the Offer. Persons wishing to
accept the Offer should not use such mails or any such means, instrumentality or
facility for any purpose, directly or indirectly, related to acceptance of the
Offer. Envelopes containing a Form of Acceptance, evidence of title or other
documents relating to the Offer should not be postmarked in the United States,
Canada, Japan or Australia or otherwise despatched from the United States,
Canada, Japan or Australia. All persons accepting the Offer must provide
addresses outside the United States, Canada, Japan or Australia for the receipt
of any Offer Shares and/or for the remittance of cash, or for the return of
Forms of Acceptance, share certificate(s) and/or other document(s) of title.

The Directors of SCi accept responsibility for the information contained in this
Announcement. To the best of the knowledge and belief of the Directors of SCi
(who have taken all reasonable care to ensure that such is the case), the
information contained in this Announcement is in accordance with the facts and
does not omit anything likely to affect the import of such information.

KBC Peel Hunt Ltd, which is authorised and regulated in the United Kingdom by
the Financial Services Authority Limited, is acting exclusively for SCi and no
one else in connection with the Offer and will not be responsible to anyone
other than SCi for providing the protections afforded to customers of KBC Peel
Hunt Ltd nor for providing advice in relation to the Offer.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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