Business
Response to the Mandatory Cas
Response to the Mandatory Cas.
About this update from Beacon Energy Plc
[{"type":"text","content":"\n RNS Number : 4502C Clean Energy Brazil PLC 13 November 2009 \n \n13 November 2009\n\nClean Energy Brazil PLC\n(\"CEB\" or the \"Company\")\n\nResponse to the Mandatory Cash Offer by Global Investors Acquisition LLC\n\nThe Board refers to the announcement made on 30 October 2009 by Global Investors Acquisition LLC (\"GIA\") that an Offer Document detailing its cash offer for the entire issued and to be issued share capital in CEB at a price of 12.68 pence per share (the \"Offer\") was posted to shareholders on 30 October 2009. \n\nFurther to an announcement made by the Company on 2 November 2009, RNS number 7330B, the Board of CEB has today posted a response by way of Circular to all shareholders. The Circular an extract of which is copied below is also available on the Company website: www.cleanenergybrazil.com\n\n\n\nFurther enquiries:\n\n\n\n\n\nNumis Securities Limited\n(Financial Advisor & Broker)\nCharles Farquhar\nLee Aston\n \n\n\nTel: +44 (0) 20 7260 1000\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\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until the date on which the Offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the 'offer period' otherwise ends.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' of Clean Energy B...