We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Wt Batterymetal | LSE:WATT | London | Exchange Traded Fund |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 17.01 | 16.83 | 16.945 | 0 | 12:04:28 |
RNS No 4732c WATTS BLAKE BEARNE & COMPANY PLC 12 April 1999 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA OR JAPAN S.C.R. - SIBELCO S.A. ---------------------- UNCONDITIONAL RECOMMENDED CASH OFFERS FOR ------------------------------------------ WATTS, BLAKE, BEARNE AND COMPANY, P.L.C. ---------------------------------------- LEVEL OF ACCEPTANCES AND EXTENSION OF OFFER PERIOD --------------------------------------------------- In relation to the unconditional recommended cash offers (the 'Offers') by S.C.R. - Sibelco S.A. ('Sibelco') for Watts, Blake, Bearne and Company, P.L.C. ('Watts Blake Bearne') Sibelco announces that:- Ordinary Offer -------------- By 3.00 p.m. on Friday, 9 April, 1999, the third closing date of the Ordinary Offer, valid acceptances of the Ordinary Offer had been received by Sibelco in respect of a total of 9,233,640 Ordinary Shares, representing approximately 43.7 per cent. of Watts Blake Bearne's issued ordinary share capital. These acceptances include valid acceptances from the Independent Directors of Watts Blake Bearne and certain other persons, entities and institutional shareholders, in accordance with the irrevocable undertakings to accept the Ordinary Offer given by them, in respect of an aggregate of 5,384,435 Ordinary Shares, representing approximately 25.5 per cent. of Watts Blake Bearne's issued ordinary share capital. Prior to commencement of the offer period on 18 January, 1999, Sibelco was beneficially interested in 11,386,824 Ordinary Shares, representing approximately 53.9 per cent. of the issued ordinary share capital of Watts Blake Bearne. Since the commencement of the offer period Sibelco has acquired a further 6,500 Ordinary Shares, representing approximately 0.03 per cent. of Watts Blake Bearne's issued ordinary share capital. Accordingly, Sibelco now owns or has received acceptances of the Ordinary Offer in respect of a total of 20,626,964 Ordinary Shares, representing approximately 97.6 per cent. of Watts Blake Bearne's issued ordinary share capital. Sibelco now intends to implement the necessary procedures to acquire compulsorily, pursuant to sections 428 to 430F (inclusive) of the Companies Act, any outstanding Ordinary Shares for which valid acceptances of the Ordinary Offer are not received. Preference Offer ---------------- By 3.00 p.m. on Friday, 9 April, 1999, the third closing date of the Preference Offer, valid acceptances of the Preference Offer had been received by Sibelco in respect of a total of 136,152 Preference Shares, representing approximately 93.2 per cent. of Watts Blake Bearne's issued preference share capital. These acceptances include valid acceptances from the Independent Directors of Watts Blake Bearne and certain other persons, entities and institutional shareholders, in accordance with the irrevocable undertakings to accept the Preference Offer given by them, in respect of an aggregate of 109,389 Preference Shares, representing approximately 74.9 per cent. of Watts Blake Bearne's issued preference share capital. On 7 April, 1999, Sibelco implemented the necessary procedures to acquire compulsorily, pursuant to sections 428 to 430F (inclusive) of the Companies Act, any outstanding Preference Shares for which valid acceptances of the Preference Offer have not been received. Save as disclosed above and in the Offer Document, neither Sibelco, nor any persons acting or deemed to be acting in concert with Sibelco, held any Watts Blake Bearne Shares (or rights over such shares) on 15 January, 1999, the last dealing day prior to the commencement of the offer period, nor have any such persons acquired or agreed to acquire any Watts Blake Bearne Shares (or rights over such shares) during the offer period other than by way of acceptance of the Offers and no acceptances of the Offers have been received from any person acting or deemed to be acting in concert with Sibelco. Both of the Offers have been extended and will remain open until 3.00 p.m. on Friday, 23 April, 1999. Watts Blake Bearne Shareholders who wish to accept either of the Offers and have not yet done so should return their completed Forms of Acceptance as soon as possible. Unless the context requires otherwise, the definitions contained in the Offer Document dated 19 February, 1999, also apply in this announcement. Enquiries --------- Lazard Brothers & Co., Limited Tel: 0171 588 2721 John Dear Etienne Bottari The Offers are not being made, directly or indirectly, in or into the United States, Canada or Japan. Accordingly, copies of this announcement are not being, and must not be, mailed or otherwise distributed or sent in or into the United States, Canada or Japan. Lazard Brothers, which is regulated in the United Kingdom by the Securities and Futures Authority Limited, is acting for Sibelco and for no one else in connection with the Offers and will not be responsible to anyone other than Sibelco for providing the protections afforded to customers of Lazard Brothers or for providing advice in relation to the Offers. END OFFALLITSLIAIAA
1 Year Wt Batterymetal Chart |
1 Month Wt Batterymetal Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions