Business
Further re Offer Document
Further re Offer Document.
About this update from Beacon Energy Plc
[{"type":"text","content":"\n RNS Number : 7330B Clean Energy Brazil PLC 02 November 2009 \n \n\nClean Energy Brazil PLC \n(\"CEB\" or the \"Company\") \n \nThe Board of Clean Energy Brazil PLC (\"CEB\") notes the announcement made on the afternoon of Friday 30 October 2009 by Global Investors Acquisition LLC (\"GIA\") that the offer document detailing its cash offer for the entire issued and to be issued share capital of CEB at a price of 12.68 pence per share (the \"Offer\") was posted to shareholders of CEB on Friday 30 October 2009. \n \nThe Board will respond in detail when the Board issues its formal response setting out its view on the Offer on or before 13 November 2009. \n \nIn the meantime, CEB shareholders are recommended to take no action in relation to the Offer.\n\n\n- ends - \n \n \nFor further information please contact: \n \n \n\n\n\n\nNumis Securities Limited\n(Financial Adviser & Broker)\nCharles Farquhar\nLee Aston\n \n\n\nTel: +44 (0) 20 7260 1000 \n\n\n\n\n\n\n\nSmith & Williamson Corporate Finance Limited\n(Nominated Adviser)\nAzhic Basirov\nDavid Jones\n \n\n\nTel: +44 (0) 20 7131 4000\n\n\n\n\nFishburn Hedges\n(Financial PR Adviser)\nAndy Berry\nMichelle James\n\n\nTel: +44 (0) 20 7839 4321\[email protected]\n+44 (0) 7767 374421\n+44 (0) 7958 451446\n\n\n\n\n\n\nUnder the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the \"Code\"), if any person is, or becomes, 'interested' (directly or indirectly) in 1 per cent. or more of any class of 'relevant securities' of Clean Energy Brazil PLC all 'dealings' in any 'relevant securities' of that company (including by means of an option in respect of, or a derivative referenced to, any such 'relevant securities') must be publicly disclosed by no later than 3.30 p.m. (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the Offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the 'offer period' otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an 'interest' in 'relevant securities' ...