Statement re Possible Offer

 

TIDMBAB TIDMVTG 
 
RNS Number : 5005H 
Babcock International Group PLC 
22 February 2010 
 

                                                Babcock International Group PLC 
22 February 2010 
 
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO ANY 
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF 
SUCH JURISDICTION 
 
 
 Babcock International Group PLC - conditionality of any offer for VT Group plc 
 
At the request of the Takeover Panel, Babcock confirms that any offer which it 
may announce for VT Group plc ("VT") would, if applicable, be subject to either 
a condition or a pre-condition that VT's proposal to acquire Mouchel Group plc 
is withdrawn, lapses or otherwise fails to become unconditional or effective. 
 
 
Enquiries: 
 
Babcock 
Peter Rogers (Chief Executive) 
Bill Tame (Group Finance Director) 
[phone] 
 
Financial Dynamics 
Andrew Lorenz 
Richard Mountain 
Sophie Kernon 
[phone] 
 
J.P. Morgan Cazenove 
Andrew Truscott 
Malcolm Moir 
[phone] 
 
Evercore Partners 
Bernard Taylor 
Julian Oakley 
[phone] 
 
 
J.P. Morgan Cazenove Limited and Evercore Partners Limited are authorised and 
regulated in the United Kingdom by the Financial Services Authority, are acting 
for Babcock and for no one else in connection with the matters set out in this 
announcement and will not be responsible to anyone other than Babcock for 
providing the protections afforded to clients of J.P. Morgan Cazenove Limited 
and Evercore Partners Limited or for providing advice in relation to the matters 
set out in this announcement. 
 
This announcement is not intended to, and does not, constitute or form part of 
any offer, invitation or the solicitation of an offer to purchase, otherwise 
acquire, subscribe for, sell or otherwise dispose of, any securities. This 
announcement has been prepared in accordance with English law and the Takeover 
Code and information disclosed may not be the same as that which would have been 
prepared in accordance with the laws of jurisdictions outside of the United 
Kingdom. 
 
The distribution of this announcement in jurisdictions other than the United 
Kingdom and the availability of any offer to VT shareholders who are not 
resident in the United Kingdom may be affected by the laws of relevant 
jurisdictions.  Therefore any persons who are subject to the laws of any 
jurisdiction other than the United Kingdom or VT shareholders who are not 
resident in the United Kingdom will need to inform themselves about, and 
observe, any applicable requirements. 
 
Babcock shares have not been and are not currently intended to be registered 
under the securities laws or regulations of the United States, Australia, Canada 
or Japan, and may not be offered or sold in the United States, Australia, Canada 
or Japan or any other jurisdiction where it would be unlawful to do so absent 
registration or an applicable exemption from the securities laws or regulations 
of such jurisdictions. 
 
 Unless otherwise determined by Babcock or required by the Takeover Code and 
permitted by applicable law and regulation, copies of this announcement are not 
being, and must not be, directly or indirectly, mailed, transmitted or otherwise 
forwarded, distributed or sent in, into or from the United States, Australia, 
Canada or Japan or any other jurisdiction where it would be unlawful to do so 
and persons receiving this announcement must not mail or otherwise forward, 
distribute or send it in, into or from such jurisdictions.  Any person who 
would, or otherwise intends to, or who may have a contractual or legal 
obligation to, forward this announcement and/or any other related document to 
any jurisdiction outside the United Kingdom should inform themselves of, and 
observe, any applicable legal or regulatory requirements of their jurisdiction. 
 
Publication on Babcock website 
 
A copy of this announcement will be available on Babcock's website at 
(www.babcock.co.uk) by no later than 12 noon (London time) on 23 February 2010 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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