4imprint Group PLC
22 April 2005
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN,
SOUTH AFRICA OR THE REPUBLIC OF IRELAND
4imprint Group plc ('4imprint')
Result of Tender Offer
The Board of 4imprint announces that valid tenders pursuant to the Tender Offer
made by Panmure Gordon, which closed at 3.00 p.m. on 21 April 2005, were
received for 9,755,182 Ordinary Shares. The Strike Price for the Tender Offer is
245 pence per Ordinary Share.
Valid tenders at or below the Strike Price will be accepted in full at the
Strike Price and tenders at prices above the Strike Price will not be accepted.
A total of 3,905,610 Ordinary Shares are being repurchased for cancellation,
leaving 25,043,818 Ordinary Shares in issue.
The repurchase of the tendered Ordinary Shares will be effected by Panmure
Gordon on Friday 22 April 2005. 4imprint will subsequently acquire for
cancellation from Panmure Gordon, at the Strike Price of 245 pence, the Ordinary
Shares purchased by Panmure Gordon under the Tender Offer.
The consideration for the Tender Offer is expected to be despatched on 27 April
2005 to those Shareholders who have successfully tendered Ordinary Shares under
the Tender Offer.
Definitions used in this announcement have the same meanings given in the
circular sent to Shareholders dated 7 April 2005 setting out the formal terms of
and condition to the Tender Offer.
ENQUIRIES
4imprint Group plc
Ken Minton, Executive Chairman 0161 272 4000
Panmure Gordon
Dominic Morley 020 7187 2000
Panmure Gordon, which is regulated in United Kingdom by the Financial Services
Authority, is acting for 4imprint and for no-one else in connection with the
Tender Offer and will not be responsible to anyone other than 4imprint for
providing the protections afforded to customers of Panmure Gordon or for
providing advice in connection with the matters set out in this announcement or
any transaction or arrangement referred to herein.
This information is provided by RNS
The company news service from the London Stock Exchange