Business
Offer Document Posted
Offer Document Posted.
About this update from Volvere Plc
[{"type":"text","content":"\n Volvere PLC\n12 October 2006\n\n\n\nNot for release, publication or distribution in, into or from the United States,\n Canada, Australia, South Africa or Japan\n\n\n\n\n\n\nFor immediate release 12 October 2006\n\n\n\n\n\n Recommended Offer\n\n\n by\n\n\n Volvere plc ('Volvere')\n\n\n for the whole of the issued ordinary share capital of\n\n\n NMT Group PLC ('NMT')\n\n\n not already owned by Volvere plc\n\n\nFurther to the announcement made on 14 September 2006 of an offer ('the Offer'),\nto be made by Volvere, for the whole of the issued ordinary share capital of NMT\nnot already owned by Volvere, the Volvere Board announces that the Offer\nDocument, Equivalent Document and Form of Acceptance relating to the Offer are\nbeing posted to NMT Shareholders today.\n\n\nVolvere has received irrevocable undertakings to accept (or procure the\nacceptance of) the Offer in respect of an aggregate of 1,760,343 NMT Shares,\nrepresenting approximately 20.2 per cent. of NMT's issued ordinary share\ncapital. These undertakings remain binding in the event of a higher offer.\nVolvere already owns 2,604,683 NMT Shares, representing approximately 29.9 per\ncent. of NMT's issued ordinary share capital.\n\n\nVolvere's existing shareholding, combined with the NMT Shares subject to\nirrevocable undertakings, represents in aggregate approximately 50.1 per cent.\nof NMT's current issued ordinary share capital.\n\n\nCopies of the Offer Document, the Equivalent Document (in relation to the\nproposed issue of Volvere Shares in connection with the Offer) and the Form of\nAcceptance (for use by NMT Shareholders in certificated form only) are available\nfor collection, free of charge, during normal business hours from the registered\noffice of Volvere plc, 9-11 Grosvenor Gardens, London SW1W 0BD and the offices\nof Dawnay, Day Corporate Finance Limited, 17 Grosvenor Gardens, London SW1W 0BD.\n\n\nAs set out in the Offer Document, acceptances of the Offer should be received no\nlater than 1.00 p.m. on 2 November 2006.\n\n\nEnquiries:\n\n\nDawnay, Day Corporate Finance Limited\n\nSandy Jamieson 020 7509 4570\n\nAlex Stanbury 020 7509 4570\n\n\n\n\n\n\nThis announcement does not constitute an offer or invitation to purchase any\nsecurities or a solicitation or an offer to buy any securities, pursuant to the\nOffer or otherwise.\n\n\nDawnay, Day Corporate Fina...