Result of Tender Offer

 

TIDMTSE 
 
RNS Number : 1059B 
Touchstone Group PLC 
20 October 2009 
 

 
 
 
 
 
 
 
 
Touchstone Group plc 
(Touchstone or the Company) 
Results of Tender Offer 
On 16 September 2009, the Company sent a circular to its shareholders (Circular) 
with proposals in relation to, inter alia, the cancellation of the Company's 
admission to trading on AIM, an invitation by Brewin Dolphin to Qualifying 
Shareholders to tender up to 3,861,500 Ordinary Shares for sale to Brewin 
Dolphin (Tender Offer) and a buy-back by the Company of the Ordinary Shares 
purchased by Brewin Dolphin pursuant to the Tender Offer (or otherwise a 
corresponding number of Ordinary Shares) (Buy-Back). 
The Company is pleased to announce the result of the Tender Offer, which closed 
at 1.00 pm on 19 October 2009. 
A total of 266,116 Ordinary Shares, representing approximately 2.1 per cent. of 
the issued Ordinary Share Capital (and approximately 6.9 per cent. of  the 
maximum number of Ordinary Shares that Brewin Dolphin offered to purchase under 
the Tender Offer) were validly tendered (Tendered Shares). 
The Tender Offer is expected to be effected on 22 October 2009 by Brewin Dolphin 
purchasing the Tendered Shares as principal. Brewin Dolphin will then sell the 
Tendered Shares (or otherwise a corresponding number of Ordinary Shares) to the 
Company as a market purchase on AIM pursuant to the terms of the Repurchase 
Agreement. 
The CREST accounts of Shareholders who held their Tendered Shares in 
uncertificated form are expected to be credited with the Tender Offer proceeds 
on 26 October 2009 and cheques, with balance share certificates as appropriate, 
are expected to be dispatched to Shareholders who held their Tendered Shares in 
certificated form on the same day. 
Ordinary Shares purchased under the Tender Offer (or otherwise a corresponding 
number of Ordinary Shares) will be cancelled by the Company on completion of the 
Tender Offer and the Buy-Back and the number of issued Ordinary Shares will 
decrease accordingly. 
Definitions used in the Circular apply in this announcement unless the context 
requires otherwise. 
For further information contact: 
Keith Birch, Chief Executive Officer 
Chris Butler, Finance Director 
Touchstone Group plc                          020 7121 4700 
 
 
Matt Davis 
Adam Rudd 
Brewin Dolphin (NOMAD)                     0845 213 4730 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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