3i Group PLC
26 July 2007
3i Group plc
26 July 2007
3i Group plc
Purchase and cancellation of B Shares
On 23 July 2007, 3i Group plc ('3i') announced that Dresdner Kleinwort
Securities Limited and Lehman Brothers International (Europe) (together, the '
Brokers') had agreed to purchase, acting as principals, 606,882,529 B Shares
(the 'Offer Shares') under the Brokers' Offer (as defined in 3i's circular to
Shareholders dated 14 June 2007 (the 'Circular')).
3i has today completed its purchase of all the Offer Shares from the Brokers for
the same consideration as that paid by the Brokers (127p per Offer Share). 3i
confirms that all the Offer Shares have today been cancelled.
Following the cancellation of the Offer Shares, 3i has 38,221,190 B Shares
remaining in issue.
Notes:
All defined terms not otherwise defined in this announcement shall bear the
meanings given in Part 10 (Definitions) of the Circular.
Further information and copies of the Circular can be found on 3i's investor
relations website at http://www.3igroup.com.
For further information:
Patrick Dunne, 3i Group plc 020 7975 3283
Dresdner Kleinwort Securities Limited and Lehman Brothers International
(Europe), which are authorised and regulated by the Financial Services
Authority, are acting for 3i Group plc and for no-one else in connection with
the contents of this document and will not be responsible to anyone other than
3i Group plc for providing the protections afforded to customers of Dresdner
Kleinwort Securities Limited or Lehman Brothers International (Europe), or for
affording advice in relation to the contents of this announcement or any matters
referred to herein.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.