F&C Pacific Inv Tst
26 May 2005
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR
FRANCE
26 May 2005
F&C Pacific Investment Trust PLC (the 'Company')
Announcement of results of Tender Offer
Further to the announcement made on 18 May 2005 regarding the results of the EGM
and the Tender Offer, the Board announces the Repurchase Price per Share and
results of the Matching Facility. Terms used in this announcement bear the
meanings given to them in the Circular to Shareholders dated 25 April 2005.
The Tender Offer is now unconditional. The Net Asset Value at the Calculation
Date was 127.9887 pence per Share. The Repurchase Price is 122.23 pence per
Share.
The full result of the Tender Offer was as follows:
Total number of Shares in issue as at the Record Date: 153,678,834
Total number of Shares validly tendered under the Tender Offer: 62,308,111
Total number of Shares validly purchased under the Matching Facility: 118,793
All valid tender and purchase instructions will be satisfied in full.
Following settlement of the Tender Offer, which is expected to be made on 1 June
2005, 91,489,516 Shares will be in issue (approximately 59.53 per cent. of the
current issued share capital of the Company).
Enquiries:
Christopher Purvis 020 7221 6985
Chairman, F&C Pacific Investment Trust PLC
Jim Horsburgh / James Budden 020 7818 3121
Witan Investment Services Limited
Angus Gordon Lennox 020 7588 2828
JPMorgan Cazenove Limited
Eleanor Clarke 020 7763 6973
Quill Communications
END
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