Informa Group Plc
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, JAPAN
OR UNITED STATES
7 May 2004
Proposed Merger of Informa and Taylor & Francis
US Clearance obtained
The boards of Informa and Taylor & Francis are pleased to announce that US
Clearance has been obtained for the proposed Merger.
As expected, the Merger will become effective on 10 May 2004 and dealings in new
T&F Informa shares will commence on that day.
In accordance with the Scheme, Taylor & Francis Shareholders will, upon
completion of the Merger, be entitled to receive 17 new T&F Informa Shares for
every 10 Taylor & Francis Shares held at 6:00 p.m. on 7 May 2004.
The timetable of principal events is in line with that set out in the Listing
Particulars and is as follows:
Event Time and/or date
Last day of dealings in Taylor & Francis Shares 7 May 2004
Scheme Record Time 6.00 p.m. on 7 May 2004
Effective Date of Scheme 10 May 2004
Delisting of Taylor & Francis Shares 8.00 a.m. on 10 May 2004
Commencement of dealings on the London Stock 8.00 a.m. on 10 May 2004
Exchange in new T&F Informa Shares
Crediting of new T&F Informa Shares to CREST 8.00 a.m. on 10 May 2004
accounts
Latest date for despatch of new T&F Informa Share 17 May 2004
certificates
Unless the context requires otherwise, terms used in this announcement have the
same meaning as in the Listing Particulars dated 19 March 2004 which were sent
to Informa Shareholders and Taylor & Francis Shareholders. "US Clearance" means
the expiry, lapse or termination of all or any appropriate waiting and other
time periods (including extensions thereof) under the US Hart-Scott-Rodino
Antitrust Improvements Act of 1976 (as amended) and the regulations made
thereunder.
Enquiries
Informa +44 20 7017 4302 Taylor & Francis +44 20 7583 9855
Peter Rigby David Smith
David Gilbertson Anthony Foye
Jim Wilkinson
Bell Pottinger +44 20 7861 2400 Financial Dynamics +44 20 7831 3113
Zoe Sanders Tim Spratt
Catherine Lees Charles Palmer
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