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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Intl.Marketing | LSE:IMSG | London | Ordinary Share | JE00B1YBMP41 | ORD EUR0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
IMSG NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA. Press release dated 23 April 2008 IMS GROUP OFFER FOR ONE MEDIA - OFFER UNCONDITIONAL AND ACCEPTANCE PERIOD EXTENDED Offer Unconditional International Marketing and Sales Group Limited ("IMSG") announces that it has received acceptances of its offer (the "Offer") for ONE Media Holding AB (publ) ("One Media") in respect of a total of 10 611 411 ONE Media shares, representing 92,606% of the issued share capital of ONE Media. The Offer is therefore declared unconditional. These figures include all of the 8,798,569 shares (representing 76.8% of the issued share capital of ONE Media) in respect of which irrevocable undertakings to accept the Offer had been received from shareholders of ONE Media. IMSG has not acquired any shares in ONE Media outside of the Offer and, save in respect of the 5,200 ONE Media shares held by IMSG management, as disclosed in the offer document dated 31 March 2008 ("Offer Document"), IMSG does not hold or control any shares in ONE Media. Extension of Acceptance Period Notwithstanding that the Offer has been declared unconditional, the Offer may still be accepted up to 3pm on Tuesday 6th May 2008. Expected Settlement Date It is expected that settlement will be made through VPC AB, within approximately seven days of the Offer being declared unconditional, as described in the Offer Document. IMSG is however still discussing the final details of the settlement arrangements with VPC AB, which may require the settlement date to be extended. In this event, a further announcement will be made with the final settlement details and time. Further information One Media is a leading marketing company in the Nordic region, with particular expertise in direct marketing. There is growing demand among international and local businesses for direct marketing services in emerging markets and IMSG is now very well positioned to meet this demand with One Media expanding into Russia and other markets as part of the Group. There is also an increasing number of businesses in the Nordic region investing in emerging markets and the combination of the One Media brand and IMSG's local knowledge and expertise represents a powerful offering for such businesses. IMSG is now a full service provider, able to offer multi channel marketing services to its customer base across a wider geographic footprint stretching from the Nordic Region across Eastern Europe into Russia and Turkey. The enlarged Group will benefit from cost saving and operational synergies and all shareholders will benefit from an additional public listing in Sweden planned for later this year. For further information please contact: Lau Geckler International Marketing & Sales Group Limited Tel: +7 495 796 6141 www.imsg.co.uk Andrew Best / Emily Bruning Shared Value Limited Tel: +44 (0) 20 7321 5022/27 www.sharedvalue.net Mark Williams / Andrew Chubb Canaccord Adams Limited Tel: +44 (0) 20 7050 6500
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