Quadnetics Group PLC
30 September 2005
QUADNETICS GROUP PLC (the 'Company')
30 SEPTEMBER 2005
FOR IMMEDIATE RELEASE
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE
UNITED STATES, CANADA, AUSTRALIA, THE REPUBLIC OF IRELAND, SOUTH AFRICA OR JAPAN
QUADNETICS GROUP PLC
RECOMMENDED OFFER FOR PROTEC PLC
Posting of Offer Document
Quadnetics Group Plc ('Quadnetics') has today posted the offer document for the
recommended offer by Brewin Dolphin Securities Ltd ('Brewin Dolphin') on behalf
of Quadnetics for the entire issued and to be issued share capital of Protec Plc
('Protec'), which was announced on 23 September 2005 (the 'Offer'). Quadnetics
has also published today an equivalent document in relation to the Offer
pursuant to paragraph 1.2.2R(2) of the Prospectus Rules published by the
Financial Services Authority. The first closing date of the Offer is 21 October
2005.
In addition, an extraordinary general meeting of the members of Quadnetics has
been convened in connection with the Offer, by means of a circular posted today
to the shareholders of Quadnetics. The extraordinary general meeting will be
held at the offices of Brewin Dolphin at 5 Giltspur Street, London EC1A 9BD at
10:00 am on 17 October 2005.
Enquiries
Quadnetics 01527 850080
Russ Singleton, Chief Executive
Nigel Poultney, Finance Director
Brewin Dolphin Securities Ltd 0113 241 0130
(Financial Adviser and Corporate Broker to Quadnetics)
Neil Baldwin
Keith Williams
Protec 01923 211550
Bill Moir, Chief Executive
Teather & Greenwood 020 7246 9000
(Financial Adviser and Corporate Broker to Protec)
Jeff Keating
Rob Naylor
Media Enquiries
Abchurch Communications 0207 398 7700
Chris Munden
Ariane Comstive
Copies of the offer document, the equivalent document and a form of acceptance
for use by holders of the ordinary shares in Protec are available, free of
charge, at the office of Quadnetics, North Court House, Morton Bagot, Studley,
Warwickshire B80 7EL and at the offices of Brewin Dolphin 34 Lisbon Street,
Leeds LS1 4LX. This announcement is not a prospectus but an advertisement. The
holders of ordinary shares in Protec should not accept the Offer except on the
basis set out in the offer document, the equivalent document and the form of
acceptance.
This announcement is issued by Brewin Dolphin which is authorised and regulated
in the United Kingdom by the Financial Services Authority. Brewin Dolphin is
acting exclusively for Quadnetics and is acting for no one else in connection
with the Offer and will not be responsible to anyone other than Quadnetics for
providing the protections afforded to customers of Brewin Dolphin nor for
providing advice in relation to the Offer.
This information is provided by RNS
The company news service from the London Stock Exchange
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