Business
Merger Update
Merger Update.
About this update from Wilmington Plc
[{"type":"text","content":"\n Wilmington Group Plc\n04 August 2006\n\n\n4 August 2006\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, JAPAN\n OR UNITED STATES\n\n PROPOSED RECOMMENDED MERGER OF METAL BULLETIN PLC ('METAL BULLETIN') AND\n WILMINGTON GROUP PLC ('WILMINGTON')\n\nWilmington notes the announcement by Euromoney Institutional Investor PLC \n('Euromoney') today of a recommended final cash offer for Metal Bulletin (the \n'Euromoney Offer'). The Board of Metal Bulletin has recommended Metal Bulletin \nShareholders to accept the Euromoney Offer which is conditional, inter alia, on \nthe proposed merger with Wilmington not being implemented and none of the \nresolutions proposed or to be proposed at the Metal Bulletin Extraordinary \nGeneral Meeting (or any adjournment thereof) being passed.\n\nA further announcement will be made as appropriate.\n\nWeber Shandwick +44 20 7067 0700\nPR adviser\nNick Oborne\nHelen Thomas\n\nHoare Govett +44 20 7678 8000\nFinancial adviser\nJustin Jones\nStephen Bowler\n\nCorporate broker\nSara Hale\nJohn Fishley\n\nMarshall Securities +44 20 7490 3788\nRule 3 adviser\nRobert Luetchford\nJohn Webb\n\nResponsibility\n\nThe directors of Wilmington accept responsibility for the information contained\nin this announcement and, to the best of their knowledge and belief (having\ntaken all reasonable care to ensure that such is the case), the information\ncontained in this announcement is in accordance with the facts and does not omit\nanything likely to affect the import of such information.\n\nDealing Disclosure Requirements\n\nUnder the provisions of Rule 8.3 of the City Code, if any person is, or becomes,\n'interested' (directly or indirectly) in 1% or more of any class of 'relevant\nsecurities' of Wilmington or Metal Bulletin, all 'dealings' in any 'relevant\nsecurities' of Wilmington or Metal Bulletin, (including by means of an option in\nrespect of, or a derivative referenced to, any such 'relevant securities') must\nbe publicly disclosed by no later than 3.30 p.m. (London time) on the London\nBusiness Day following the date of the relevant transaction. This requirement\nwill continue until the date on which the offer becomes, or is declared,\nunconditional as to acceptances, lapses or is otherwise withdrawn or on which\nthe 'offer period' otherwise ends. If two or more persons act together...