Shareholder Circular Posted
Persimmon PLC
21 December 2005
Not for release, publication or distribution, in whole or part, in, into or from
the United States, Canada, Australia or Japan.
FOR IMMEDIATE RELEASE 21 December 2005
RECOMMENDED CASH OFFER
by
CITIGROUP GLOBAL MARKETS LIMITED ('citigroup')
on behalf of
Persimmon plc ('Persimmon')
for
westbury PLC ('westbury')
Posting of Class 1 Shareholder Circular
Persimmon announces that it has posted a class 1 circular to its shareholders in
connection with the recommended cash offer by Citigroup, on behalf of Persimmon,
for Westbury (the 'Offer'). The circular contains notice of an extraordinary
general meeting of shareholders (the 'EGM') to approve the acquisition of
Westbury and the adoption of a share incentive plan. The EGM will be held at
Persimmon House, Fulford, York YO19 4FE on 6 January 2006 at 10.00 a.m.
A copy of the Circular will be submitted to the Financial Services Authority for
publication through the document viewing facility which is situated at The
Financial Services Authority, 25 North Colonnade, Canary Wharf, London E14 5HS.
Copies of the Circular are available for collection by Persimmon shareholders
from the offices of Citigroup Global Markets Limited, Citigroup Centre, Canada
Square, Canary Wharf, London E14 5LB during normal business hours on any weekday
(Saturdays, Sundays and public holidays excepted).
Persimmon PLC Tel: 01904 642 199
Mike Killoran (Group Finance Director)
Neil Francis (Group Company Secretary)
Citigroup Global Markets Limited Tel: 020 7986 4000
Philip Robert-Tissot
Dimitrios Georgiou
Nigel Mills (Corporate Broking)
Andrew Forrester (Corporate Broking)
Finsbury Group Tel: 020 7251 3801
Edward Orlebar
Faeth Birch
Citigroup Global Markets Limited, which is authorised and regulated in the
United Kingdom by the Financial Services Authority, is acting exclusively for
Persimmon and no one else in connection with the Offer and will not be
responsible to any other person for providing the protections afforded to
clients of Citigroup Global Markets Limited or for providing advice in relation
to the Offer.
This announcement does not constitute, or form part of, any offer for, or any
solicitation of any offer for, securities. Any acceptance or other response to
the Offer should be made only on the basis of information referred to in the
formal offer documentation.
The Offer is not being and will not be made, directly or indirectly, in or into,
or by use of the mails of, or by any means or instrumentality (including,
without limitation, facsimile or electronic transmission, telex, internet or
telephone) of interstate or foreign commerce of, or any facility of a national,
state or other securities exchange of, the United States, Canada, Australia or
Japan and the Offer will not be capable of acceptance by any such use, means,
instrumentality or facility from or within the United States, Canada, Australia
or Japan.
This information is provided by RNS
The company news service from the London Stock Exchange