Re possible offer for keif
11/03/2010 5:08pm
UK Regulatory
TIDMHSTN TIDMKEIF
RNS Number : 4713I
Hansteen Holdings plc
11 March 2010
Hansteen Holdings plc
("Hansteen" or "the Company")
Statement re. possible offer for Kenmore European Industrial Fund Limited
("KEIF")
On 25 November 2009 Hansteen announced that it had made an approach to the Board
of KEIF in relation to a potential offer by Hansteen for the remaining issued
and to be issued ordinary share capital of KEIF and stated that there could be
no certainty that an offer would be made.
Hansteen announces that it is no longer considering making an offer for KEIF.
Important Notice:
For the purposes of Rule 2.8 of The City Code on Takeovers and Mergers (the
"Code"), Hansteen reserves the right (on behalf of itself and anyone acting in
concert with it) to announce an offer or possible offer for KEIF and/or to take
any other action which would otherwise be restricted under Rule 2.8 of the City
Code within the next six months in the event that:
1. the agreement or recommendation of the Board of KEIF is given to the making
of such an announcement or the taking of any such other action; or
2. a third party announces an offer for KEIF; or
3. KEIF announces a 'whitewash proposal' or a 'reverse takeover' (each defined
in the Code).
For further information:
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| Hansteen Holdings plc |
| Ian Watson/Morgan Jones |
| Tel: 020 7016 8820 |
| |
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| |
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| |
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| Tavistock Communications |
| Jeremy Carey/Gemma Bradley |
| Tel: 020 7920 3150 |
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This information is provided by RNS
The company news service from the London Stock Exchange
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