Business
Publication of Offer Document Mysale Group plc
Publication of Offer Document Mysale Group plc.
About this update from Frasers Group Plc
[{"type":"text","content":"\n \n \n Frasers Group plc\n2 September 2022\n \n \n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION\n \n \n \n \n FRASERS GROUP PLC\nCASH OFFER\nfor\nMYSALE GROUP PLC\nPUBLICATION OF OFFER DOCUMENT\n \n \n \n Frasers Group plc (Frasers) is pleased to announce that the Offer Document containing the full terms and conditions of its cash offer to acquire the entire issued and to be issued share capital of MySale Group plc (MySale) not already held by Frasers (or any persons acting in concert with it) (Offer Document), together with a Form of Acceptance, have today been published and made available to MySale Shareholders and, for information only, to persons with information rights and participants of the MySale Share Plans and to the holders of Convertible Loan Notes.\n \n \n \n \n \n \n \n Capitalised terms in this announcement (Announcement), unless otherwise defined, have the same meanings as set out in the Offer Document. Copies of the Offer Document and the Form of Acceptance will be available free of charge (subject to certain restrictions relating to persons in Restricted Jurisdictions) on Frasers' website at\n https://www.frasers.group/financials/offer-for-mysale-group-plc\n until the end of the Offer Period. The contents of Frasers' website are not incorporated into, and does not form part of, this Announcement.\n \n \n \n \n \n As previously announced, under the terms of the Offer, which is subject to the further terms and conditions set out in the Offer Document and, in respect of MySale Shares held in Certificated Form, the Form of Acceptance, Frasers is offering to acquire the MySale Shares from the MySale Shareholders at a price of:\n \n \n \n 2 pence in cash for each MySale Share\n \n \n \n \n \n \n \n \n The Offer will extend to all issued MySale Shares which are not held by Frasers and any further\n MySale Shares which are unconditionally allotted and/or issued and fully paid before the Offer closes.\n The Offer values the entire issued and to be issued share capital of MySale not currently held by Frasers at approximately £13.6 million (not taking into account the exercise of any outstanding options whic...