Business
Offer Update - Wholly uncondi
Offer Update - Wholly uncondi.
About this update from Mears Group Plc
[{"type":"text","content":"\n RNS Number : 2038G Mears Group PLC 27 January 2010 \n \nTHIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO OR FROM ANY RESTRICTED JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION\n27 January 2010\nFor immediate release\nRecommended Offer by Mears Group PLC (\"Mears\") for the entire issued and to be issued ordinary share capital of Supporta plc (\"Supporta\")\nOffer wholly unconditional\n\nOn 18 December 2009, Mears announced a recommended offer for the entire issued and to be issued share capital of Supporta. On 18 January 2010, Mears announced the offer was unconditional as to acceptances.\n\nToday, Mears announce that the offer is wholly unconditional in all respects subject to Admission, which is expected to occur on 28 January 2010. As at 4.30 p.m. (London time) on 26 January 2010, valid acceptances had been received in respect of 52,917,715 Supporta Shares, representing approximately 61.21 per cent. of the issued share capital of Supporta.\n\nPrior to making the Offer, Mears obtained irrevocable undertakings to accept, or procure the acceptance of, the Offer from certain Supporta Shareholders in respect of 30,128,122 Supporta Shares, representing in aggregate approximately 34.85 per cent. of the issued share capital of Supporta. Mears has received valid acceptances in relation to all Supporta Shares subject to these irrevocables. \n\nMears announced on 18 January 2019 that the Offer, which, save as disclosed in this announcement, remains subject to the terms and the conditions set out or referred to in the Offer Document posted to Supporta Shareholders on 22 December 2009, will remain open for acceptance until 2.00 p.m. on 9 February 2010 (\"Revised Second Closing Date\").\n\nProcedure for acceptance of the Offer \n \nTo accept the Offer in respect of certificated Supporta Shares, the Form of Acceptance should be completed, signed and returned to Neville Registrars at Neville House, 18 Laurel Lane, Halesowen, West Midlands, BD63 3DA, as soon as possible, but in any event so as to a...