Merger Documentation Posted
Evolution Group PLC
13 June 2002
13 June 2002
THE EVOLUTION GROUP PLC
Recommended Merger of The Evolution Group PLC with Beeson Gregory Group PLC
Merger Documentation Posted
In relation to the recommended merger offer announced on 30 May 2002 and being
made by Altium Capital on behalf of Evolution for all of the issued and to be
issued ordinary share capital of Beeson Gregory not already owned by Evolution,
the Board of Evolution announces that the Offer Document and related AIM
Admission Document and associated documents are today being posted to Beeson
Gregory shareholders.
As set out in the Offer Document, acceptances should be received as soon as
possible and in any event by no later than 3.00 p.m. on 4th July 2002.
As the Merger Offer is conditional, inter alia, on the approval of Evolution
Shareholders, a circular is also being sent to Evolution Shareholders convening
an Extraordinary General Meeting of Evolution to consider the requisite
resolutions. The Extraordinary General Meeting will be held on 1st July 2002.
Terms used in this announcement shall have the same meaning as those in the
Offer Document.
Enquiries:
Evolution: Tel: 0207 220 4800
Alex Snow, Chairman and Chief Executive
Richard Griffiths, Deputy Chairman
Graeme Dell, Finance Director
Altium Capital: Tel: 0207 484 4040
Garry Levin, Director
Ben Bailey, Assistant Director
Sam Fuller, Analyst
UBS Warburg: Tel: 0207 567 8000
Nic Hellyer, Executive Director
Christopher Fox, Director
Hogarth Partnership Limited: Tel: 0207 357 9477
Andrew Jacques, Partner
Georgina Briscoe, Associate
This announcement does not constitute an offer or invitation to purchase any
securities.
Altium Capital, which is regulated in the United Kingdom by the Financial
Services Authority, is acting for Evolution in connection with the Merger Offer
and no-one else and will not be responsible to anyone other than Evolution for
providing the protections offered to clients of Altium Capital or for providing
advice in relation to the Merger Offer or the New Evolution Shares.
The availability of the Merger Offer to persons who are not resident in the
United Kingdom may be affected by the laws of the relevant jurisdiction.
Persons who are not resident in the United Kingdom should inform themselves
about and observe any applicable requirements of the relevant jurisdictions.
This announcement does not constitute an offer of securities for sale in the
United States and the New Evolution Shares have not been, and will not be,
registered under the United States Securities Act of 1993, as amended, nor under
any laws of any state of the United States, and the relevant clearances have not
been and will not be obtained from the relevant authorities in Canada, Australia
and Japan. Accordingly, New Evolution Shares may not be offered, sold or
delivered, directly or indirectly, in or into the United States, Canada,
Australia or Japan except pursuant to exemptions from applicable requirements of
such jurisdictions.
The Merger Offer is not being made, directly or indirectly, in or into, by use
of mails or any means of instrumentality (including, without limitation,
facsimile transmissions, telex, telephone or email) or interstate or foreign
commerce of, or any facilities of a securities exchange of, the United States
nor is it being made in or into Canada, Australia or Japan and the Merger Offer
will not be capable of acceptance by any such use, means, instrumentality or
facilities or form or within the United States, Canada, Australia or Japan.
Accordingly, copies of this press announcement are not being, and must not be,
mailed or otherwise distributed or sent in, into or from the United States,
Canada, Australia or Japan and persons receiving this press announcement
(including custodians, nominees and trustees) must not distribute or send it,
into or from the United States, Canada, Australia or Japan.
This information is provided by RNS
The company news service from the London Stock Exchange