Topps Tiles PLC
14 August 2006
14 August 2006
Topps Tiles plc
Return of Cash
Repurchase of C Shares
Redemption of the B Shares and settlement in respect of the Single C Share
Dividend and Purchase Offer took place today, in the manner provided for in the
Circular. KBC Peel Hunt Ltd has also now exercised its right under the Put
Option Agreement to require the Company to purchase as an off-market purchase
the C Shares purchased by KBC Peel Hunt Ltd under the Purchase Offer, for the
same consideration as that paid by KBC Peel Hunt Ltd under the Purchase Offer.
Definitions used in the circular to shareholders dated 7 July 2006 apply to this
announcement.
Enquiries:
Barry Bester - Chairman 01625 446 700
Andrew Liggett - Finance Director 01625 446 700
Sarah Landgrebe
Bell Pottinger Corporate & Financial 020 7861 3232
Megan MacIntyre
KBC Peel Hunt Ltd 020 7418 8900
KBC Peel Hunt Ltd, which is regulated by the Financial Services Authority for
the conduct of designated investment business in the UK, is acting for the
Company and for no one else in connection with the Return of Cash and will not
be responsible for anyone other than the Company for providing the protections
afforded to clients of KBC Peel Hunt Ltd or for providing advice in relation to
the Return of Cash.
This information is provided by RNS
The company news service from the London Stock Exchange