Business
Extension of Tender Offer
Extension of Tender Offer.
About this update from Pebble Beach Systems Group Plc
[{"type":"text","content":"\n \nRNS Number : 5308E Vislink PLC 07 April 2011 \n \n\n \nVislink plc (the \"Company\")\n \nExtension of Tender Offer \n \n \nThe Company sent a circular to Shareholders on 23 March 2011 detailing a proposed return of capital by way of Tender Offer (the \"Circular\"). In the Circular the Company set out an expected timetable of key events for the Tender Offer which stated that the latest time and date for receipt of Tender Forms and TTE instructions in relation to the Tender Offer would be 3.00 p.m. today (the \"Closing Date\"). \n \nThe Company has been informed that, for a period of time this afternoon the CREST computer system has been offline and unavailable for settlement of TTE instructions. Consequently, the Company has decided to extend the Closing Date for Qualifying Shareholders by 24 hours until 3.00 p.m. on 8 April 2011. Accordingly, the Record Date for the Tender Offer will also be extended by 24 hours until 5.00 p.m. on 8 April 2011 and the result of the Tender Offer will be announced by 8.00 a.m. on 11 April 2011 at the latest. The revised expected timetable of key events is set out below.\n \nThe General Meeting time and date is unchanged and will be held at 10.00 a.m. tomorrow at the offices of the Company at Marlborough House, Charnham Lane, Hungerford, Berkshire, RG17 0EY. \n \n\n\n\n\nTender Offer opened\n\n\n23 March 2011\n\n\n\n\nGeneral Meeting\n\n\n10.00 a.m. 8 April 2011\n\n\n\n\nLast time and date for receipt of the Tender Forms in relation to the Tender Offer\n\n\n3.00 p.m. 8 April 2011\n\n\n\n\nLast time and date for receipt of TTE instructions in relation to the Tender Offer\n\n\n3.00 p.m. 8 April 2011\n\n\n\n\nRecord Date for the Tender Offer\n\n\n5.00 p.m. 8 April 2011\n\n\n\n\nAnnouncement of results of the Tender Offer\n\n\nBy 8.00 a.m. on 11 April 2011\n\n\n\n\nPosting of cheques in respect of certificated Shares purchased pursuant to the Tender Offer and crediting of CREST accounts for uncertificated Shares purchased pursuant to the Tender Offer\n\n\nBy 15 April 2011\n\n\n\n\nCREST accounts credited with uncertificated Shares unsuccessfully tendered and dispatch of balance share certificates for unsold certificated Shares and return of share certificates for unsuccessful tenders of certificated Shares\n\n\nBy 15 April 2011\n\n\n\n\n \nTerms ...