Purchase Offer for B Shares

RNS Number : 8498I

De La Rue PLC

25 November 2008

 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.

JPMorgan Cazenove Limited

25 November 2008

25 November 2008

JPMorgan Cazenove Limited ('JPMorgan Cazenove')

RETURN OF CASH - PURCHASE OFFER FOR B SHARES OF DE LA RUE PLC ('DE LA RUE')

JPMorgan Cazenove hereby makes the Purchase Offer (as referred to in the circular from De La Rue to its shareholders dated 21 October 2008 (the 'Circular')), acting as principal, to purchase each of the 39,101,452 B Shares in respect of which valid acceptances of the Purchase Offer have been received and not withdrawn, for 305 pence, free of all dealing expenses and commissions, in an on-market transaction on the terms set out in the Circular. 

Settlement for the B Shares acquired under the Purchase Offer is expected to be made on 28 November 2008 when cheques will be dispatched to Shareholders whose B Shares are held in certificated form (that is, not in CREST) and the CREST accounts of Shareholders whose B Shares are held in uncertificated form (that is, in CREST) will be credited with the proceeds of sale. 

Definitions used in the Circular apply in this announcement. 

Enquiries:

JPMorgan Cazenove [phone]

Michael Wentworth Stanley

Dermot McKechnie 

JPMorgan Cazenove Limited is authorised and regulated in the United Kingdom for the conduct of investment business by the Financial Services Authority and is acting exclusively for De La Rue and no-one else in connection with the Return of Cash and will not be responsible to anyone other than De La Rue for providing the protections afforded to clients of JPMorgan Cazenove Limited, or for providing advice in relation to the Return of Cash.

 

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