Advanced Smartcard Technologies plc
27 June 2007
FOR IMMEDIATE RELEASE 27 JUNE 2007
TRAINLINE INVESTMENTS HOLDINGS LIMITED ("TRAINLINE") RECOMMENDED OFFER FOR
ADVANCED SMARTCARD TECHNOLOGIES PLC ("AST"):
POSTING OF OFFER DOCUMENT
Following the announcement on 26 June 2007 of Trainline's recommended cash offer
for AST, the Offer Document to Shareholders of AST was posted on 26 June 2006
and may be inspected during normal business hours on any weekday (Saturdays,
Sundays and public holidays excepted) at the offices of Travers Smith, 10 Snow
Hill, London, EC1A 2AL for as long as the Offer remains open for acceptance.
Enquiries:
New Boathouse Capital (Adviser to Trainline) +44 (0)20 7471 3770
Colin La Fontaine Jackson
This announcement does not constitute an offer to sell or the solicitation of an
offer to subscribe for or buy any security, nor is it a solicitation of any vote
or approval in any jurisdiction, nor shall there be any sale, issuance or
transfer of the securities referred to in this announcement in any jurisdiction
in contravention of applicable law. The Offer is being made solely by means of
the Offer Document and (in the case of Shares in certificated form) the Form of
Acceptance accompanying the Offer Document, which together contain the full
terms and conditions of the Offer, including details of how the Offer may be
accepted.
The availability of the Offer to Shareholders who are not resident in the United
Kingdom may be affected by the laws of the relevant jurisdictions in which they
are located or of which they are citizens. Such persons (including, without
limitation, nominees, trustees and custodians) should inform themselves of, and
observe, any applicable legal or regulatory requirements of their jurisdictions.
The Offer is not being made, directly or indirectly, in or into the United
States, Canada, Australia or Japan. Any persons (including custodians, nominees
and trustees) who are overseas persons should seek appropriate advice before
taking steps to accept the Offer.
New Boathouse Capital, which is authorised and regulated in the United Kingdom
by the Financial Services Authority, is acting exclusively as financial adviser
to Trainline and no one else in connection with the Offer and will not be
responsible to anyone other than Trainline for providing the protections
afforded to clients of New Boathouse Capital or for giving advice in relation to
the Offer or any other matters referred to in this Announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
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