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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Emap | LSE:EMA | London | Ordinary Share | GB00B1B59F82 | ORD 30P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 470.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
EMAP plc Proposals for the modification of Condition 6(3) of the £250,000,000 6.25 per cent. Notes due 2013 (the option of the Noteholders to be redeemed in the event of a Change of Control) and the insertion of a Noteholder put option on 31 December 2009 NOTICE IS HEREBY GIVEN to the Noteholders that, at the Meeting of such holders convened by the Notice delivered to the clearing systems on 25 February, 2008 and held on 20 March, 2008, the Extraordinary Resolution set out in such Notice was duly passed. Accordingly, the modifications referred to in the Extraordinary Resolution will be implemented. In accordance with the Conditions of the Notes, Noteholders are hereby notified that a Change of Control (as defined in Condition 6(3) of the Notes) has occurred on the date of this notice by reason of the cash acquisition by Eden Bidco, a newly incorporated company formed by funds advised by Apax Partners Worldwide LLP and by Guardian Media Group plc, of the entire issued share capital of the Issuer by way of a court approved scheme of arrangement under section 425 of the Companies Act 1985. Pursuant to the Extraordinary Resolution and the modifications referred to therein, the redemption date for all Notes will be Tuesday, 3 April, 2008. On that date, the Issuer will also pay to eligible Noteholders the Early Instruction Fee of £0.10 for each £1,000 in principal amount of the Notes. Consent Coordination Agent Note Trustee The Royal Bank of Scotland plc The Law Debenture Corporation p.l.c. 135 Bishopsgate Fifth Floor, 100 Wood Street London EC2M 3UR London EC2V 7EX Tel: +44 (0)20 7085 8056/3781 Attn: Andrew Burton / Gianmarco Deiana Issuer Tabulation Agent EMAP plc Deutsche Bank AG, London Branch 40 Bernard Street 1 Winchester House London WC1N 1LW 1 Great Winchester Street London EC2N 2DB Tel: +44 20 7396 2308 Attn: David Wilson Enquiries: Emap plc 020-7278-1452 Ian Griffiths, Group Finance Director Brunswick Group 020-7404-5959 Patrick Handley / Fiona Laffan END
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