Informa PLC
13 September 2007
Not for release, publication or distribution in whole or in part, directly or
indirectly, in or into or from the United States, Canada, Australia or Japan or
any jurisdiction where to do so would constitute a violation of the relevant
laws of such jurisdiction
For immediate release 13 September 2007
Recommended cash Offer for Datamonitor
Completion of compulsory acquisition of Datamonitor Shares
On 14 May 2007, Informa announced the terms of a recommended cash offer to be
made by Informa Acquisitions for Datamonitor at a price of 650 pence per
Datamonitor Share. The Offer Document containing details of the offer was posted
to Datamonitor Shareholders on the same day. The Offer was declared
unconditional in all respects on 13 July 2007.
On 31 July 2007, having received acceptances in respect of more than 90 per
cent of the Datamonitor Shares to which the Offer related, Informa Acquisitions
posted a formal notice (the 'Notice') pursuant to section 979 of the Companies
Act 2006 (the 'Act') to each Datamonitor Shareholder who had not yet validly
accepted the Offer. The Notice set out Informa Acquisitions' intention to apply
the provisions of sections 979 to 982 of the Act to compulsorily acquire all
outstanding Datamonitor Shares on the terms of the Offer.
Informa Acquisitions announces that pursuant to those provisions, Informa
Acquisitions has now acquired 100 per cent of the issued share capital of
Datamonitor. The Offer is therefore now closed and no longer capable of
acceptance.
Terms defined in the Offer Document dated 14 May 2007 have the same meanings in
this announcement.
Enquiries
Informa Tel: +44 20 7017 5000
Peter Rigby
David Gilbertson
Anthony Foye
Susanna Kempe
Greenhill (financial adviser to informa) Tel: +44 20 7198 7400
Simon Borrows
Peter Bell
Maitland (PR adviser to Informa) Tel: +44 20 7379 5151
William Clutterbuck
Emma Burdett
Greenhill, which is authorised and regulated in the United Kingdom by the
Financial Services Authority, is acting exclusively for Informa and Informa
Acquisitions and no-one else in connection with the Acquisition and will not be
responsible to anyone other than Informa and Informa Acquisitions for providing
the protections afforded to clients of Greenhill nor for providing advice in
relation to the Acquisition or any other matters referred to in this
announcement
LongAcre Partners, which is authorised and regulated in the United Kingdom by
the Financial Services Authority, is acting exclusively for Datamonitor and no
one else in connection with the Offer and will not be responsible to anyone
other than Datamonitor for providing the protections afforded to clients of
LongAcre Partners nor for providing advice in relation to the Offer.
This announcement has been prepared for the purpose of complying with English
law and the City Code and the information disclosed may not be the same as that
which would have been disclosed if this announcement had been prepared in
accordance with the laws of jurisdictions outside the UK.
This information is provided by RNS
The company news service from the London Stock Exchange
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