Offer Document Posted

    RNS Number : 9057B
  SiRViS IT Holdings Limited
  22 August 2008
   
     NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO OR FROM THE UNITED STATES, CANADA,
AUSTRALIA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO

    22 August 2008

    SIRVIS IT HOLDINGS LIMITED

    Recommended Cash Offer
    made by
    Strand Partners Limited on behalf of SiRViS IT Holdings Limited
    for the whole of the issued and to be issued
    ordinary share capital of SiRViS IT plc

    Offer Document Posted


    Further to the announcement made on 4 August 2008 of a recommended cash offer to be made by Strand Partners Limited on behalf of SiRViS
IT Holdings Limited ("SiRViS IT Holdings") to acquire the entire issued and to be issued share capital of SiRViS IT plc ("SiRViS IT") (the
"Offer"), SiRViS IT Holdings announces that the offer document containing the full terms and conditions of the Offer (the "Offer Document")
has today been posted to SiRViS IT Shareholders, together (where appropriate) with the related Form of Acceptance.

    The first closing date of the Offer is 12 September 2008. 

    To accept the Offer in respect of SiRViS IT Shares held in certificated form (that is, not in CREST), the Form of Acceptance should be
completed, signed and returned in accordance with the instructions contained therein and the procedure set out in the Offer Document as soon
as possible and, in any event, so as to be received by Capita Registrars no later than 1.00 p.m. (London time) on 12 September 2008.

    To accept the Offer in respect of SiRViS IT Shares held in uncertificated form (that is, in CREST), SiRViS IT Shareholders should follow
the procedure for electronic acceptance through CREST in accordance with the instructions set out in the Offer Document so that the TTE
Instruction settles as soon as possible and, in any event, by no later than 1.00 p.m. (London time) on 12 September 2008.

    The Offer Document and the Form of Acceptance will be available for inspection during normal business hours on any weekday (Saturdays,
Sundays and public holidays excepted) at the offices of Rosenblatt at 9-13 St Andrew Street, London EC4A 3AF, until the end of the Offer
Period.

    Copies of the Offer Document and the Form of Acceptance are available from Capita Registrars, Corporate Actions, The Registry, 34
Beckenham Road, Beckenham, Kent, BR3 4TU during normal business hours on any Business Day until the end of the Offer Period.

    Enquiries:

 SiRViS IT Holdings Limited             Tel: [phone]
 Jeremy Brade, Director
 James Agnew, Director

 Strand Partners Limited                Tel: [phone]
 (Financial Adviser to NAV LLP and
 SiRViS IT Holdings)
 Stuart Faulkner
 Matthew Chandler
 Victoria Milne-Taylor

 SiRViS IT plc
 Peter Addison, Non-executive Chairman  Tel: [phone]
 Mark Lewis, Chief Executive Officer
 Ian Bailey, Finance Director

 FinnCap 
 (Financial Adviser to SiRViS IT)
 Geoff Nash                             Tel: [phone]
 Sam Smith


    Definitions used in the Offer Document have the same meaning when used in this announcement, unless the context requires otherwise.

    This announcement is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy
any security, nor is it a solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the
securities referred to in this announcement in any jurisdiction in contravention of applicable law. The Offer is being made solely by means
of the Offer Document and, in the case of SiRViS IT Shares in certificated form, the Form of Acceptance, which together contain the full
terms and conditions of the Offer, including details of how the Offer may be accepted.

    Strand Partners, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for
SiRViS IT Holdings and no one else in connection with the Offer and is not advising any other person and accordingly will not be responsible
to anyone other than SiRViS IT Holdings for providing the protections afforded to clients of Strand Partners nor for providing advice in
relation to the Offer, the contents of this announcement or any other matter or arrangement referred to herein. No liability whatsoever is
accepted by Strand Partners for the accuracy of any information or opinion contained in this announcement or for the omission of any
material information, for which Strand Partners is not responsible.

    FinnCap, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for SiRViS
IT and no one else in connection with the Offer and will not be responsible to anyone other than SiRViS IT for providing the protections
afforded to clients of FinnCap or for providing advice in relation to the Offer, the contents of this announcement or any other matter or
arrangement referred to herein. No liability whatsoever is accepted by FinnCap for the accuracy of any information or opinion contained in
this announcement or for the omission of any material information, for which FinnCap is not responsible.

    The Offer is not being made, and will not be made, directly or indirectly, in, into or from the United States, Canada, Australia, South
Africa or Japan or any other Restricted Jurisdiction, or by the use of the mails of, or by any means or instrumentality (including, without
limitation, by means of facsimile transmission, telex, telephone, internet or other forms of electronic communication) of interstate or
foreign commerce of, or by any facility of a national, state or other securities exchange of, the United States, or in, into or from Canada,
Australia, South Africa or Japan or any other Restricted Jurisdiction if to do so would constitute a violation of the relevant laws of such
jurisdiction.

    This announcement is not intended to and does not constitute an offer in the United States, Canada, Australia, South Africa or Japan or
any such other Restricted Jurisdiction and the Offer will not be capable of acceptance by any such use, means, instrumentality or facilities
or otherwise from or within the United States, Canada, Australia, South Africa or Japan or any such other Restricted Jurisdiction.
Accordingly, this announcement is not being, and should not be, directly or indirectly mailed, transmitted or otherwise distributed or sent,
in whole or in part, in or into or from the United States, Canada, Australia, South Africa or Japan or any such other Restricted
Jurisdiction.

    The distribution of this announcement and availability of the Offer to persons not resident in, nor citizens of, the United Kingdom may
be affected by the laws of the relevant jurisdictions in which they are citizens or in which they are resident. Such Overseas Shareholders
should inform themselves about, and observe, any applicable legal or regulatory requirements of any such relevant jurisdiction. This
announcement has been prepared for the purposes of complying with English law and the City Code on Takeovers and Mergers and the information
disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws of
jurisdictions outside the United Kingdom. Any person (including, without limitation, nominees, trustees and custodians) who would, or
otherwise intend to, forward this announcement, the Offer Document and/or the Form of Acceptance or any accompanying document to any
jurisdiction outside the United Kingdom should refrain from doing so and seek appropriate professional advice before doing so.
    
    

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