Information  X 
Enter a valid email address

Artisan (UK) PLC (ART)

  Print      Mail a friend

Thursday 14 September, 2000

Artisan (UK) PLC

Re EnterpriseAsia

Artisan (UK) PLC
14 September 2000

                       Artisan (UK) plc

Artisan (UK) plc has accepted that the purchase made by it  of
1,000,000  ordinary  shares  in  plc  on  1
August  2000 was not made in compliance with Rule 4.1  of  the
Takeover  Code.   Notwithstanding that the breach  was  of  an
inadvertent  nature,   Artisan has agreed  with  the  Takeover
Panel  that  the  votes  attaching  to  the  shares  concerned
(representing 0.41% of the total issued ordinary share capital
of  enterpriseAsia)  will  not be cast  at  the  extraordinary
general  meeting of enterpriseAsia to be held on Wednesday  20
September  2000.  The remaining 51,325,000 ordinary shares  in
enterpriseAsia held by Artisan (representing 21.42% of a total
ordinary issued share capital of enterpriseAsia) will be voted
in  favour of the resolutions to be proposed at that  meeting.
On the basis of the facts now known to the Panel, Artisan does
not expect the Panel to take any further action in relation to
this matter.


a d v e r t i s e m e n t