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Wireless Group PLC (TWG)

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Monday 01 March, 2004

Wireless Group PLC

Offer Update

Wireless Group PLC
01 March 2004



   Not for release, publication or distribution in or into the United States,
              Canada, Australia, the Republic of Ireland or Japan


Recommended Offer by Panmure Gordon, a division of Lazard & Co., Limited
('Panmure Gordon'), on behalf of The Wireless Group plc ('Wireless') for Forever
Broadcasting plc ('Forever Broadcasting')

                  Compulsory acquisition of outstanding shares

Wireless announces that it has received valid acceptances for more than
nine-tenths in nominal value of the Forever Broadcasting Shares to which the
Offer relates. Wireless is therefore entitled to use the procedures set out in
sections 428 to 430F (inclusive) of the Companies Act 1985 to acquire
compulsorily any Forever Broadcasting Shares for which it has not received valid
acceptances of the Offer. The transfer of the compulsorily acquired Forever
Broadcasting Shares is expected to occur on, or shortly after, 13 April 2004.

Panmure Gordon, on behalf of Wireless, has today posted statutory notices to
non-assenting shareholders pursuant to sections 428-430F (inclusive) of the
Companies Act 1985 to acquire compulsorily all of the outstanding Forever
Broadcasting Shares.

The Offer remains open for acceptance until further notice. Forever Broadcasting
Shareholders who have not yet accepted the Offer are urged to complete and
return their Form of Acceptance as soon as possible.

Terms defined in the Offer Document dated 30 January 2004 have the same meaning
in this press release unless the context otherwise requires.

Enquiries:

The Wireless Group plc                                    020 7959 7900

Kelvin MacKenzie, Chairman and Chief Executive
Keith Sadler, Finance Director

Panmure Gordon                                            020 7187 2000

Richard Potts
Mark Lander

Bell Pottinger Financial                                  020 7861 3232

David Rydell
Luke Morton

Panmure Gordon, which is authorised and regulated in the United Kingdom by The
Financial Services Authority, is acting exclusively for Wireless in connection
with the Offer and no-one else and will not be responsible to anyone other than
Wireless for providing the protections afforded to customers of Panmure Gordon,
nor for giving advice in relation to the Offer.

The availability of the Offer to persons outside the United Kingdom may be
affected by the laws of other jurisdictions. Such persons should inform
themselves about and observe any applicable requirements of those jurisdictions.

The Offer (including the Cash Alternative) will not be made, directly or
indirectly, in or into, or by use of the mails of or by any means or
instrumentality (including, without limitation, facsimile transmission, telex,
telephone or internet) of interstate or foreign commerce of, or of any
facilities of a national securities exchange of, the United States nor will it
be made in or into Canada, Australia, the Republic of Ireland or Japan and the
Offer (including the Cash Alternative) will not be capable of acceptance by any
such use, means, instrumentality or facilities or from within the United States,
Canada, Australia, the Republic of Ireland or Japan. Accordingly, copies of this
announcement are not being, and must not be, mailed or otherwise distributed or
sent in or into the United States, Canada, Australia, the Republic of Ireland or
Japan. Custodians, nominees and trustees should observe these restrictions.

The New Wireless Shares to be issued in connection with the Offer have not been,
nor will they be, registered under the US Securities Act or under the securities
laws of any jurisdiction of the United States, the relevant clearances have not
been, and will not be, obtained from the securities commission of any province
of Canada, no prospectus has been lodged with, or registered by, the Australian
Securities and Investments Commission or the Japanese Ministry of Finance and
the New Wireless Shares have not been, and nor will they be, registered under or
offered in compliance with applicable securities laws of any state, province,
territory or jurisdiction of Canada, Australia, the Republic of Ireland or
Japan. Accordingly, the New Wireless Shares may not (unless an exemption under
relevant securities laws is applicable) be offered, sold, resold or delivered,
directly or indirectly, in or into the United States, Canada, Australia, the
Republic of Ireland or Japan or any other jurisdiction if to do so would
constitute a violation of the relevant laws of, or require registration thereof
in, such jurisdiction or to, or for the account or benefit of, a person located
in the United States, Canada, Australia, the Republic of Ireland or Japan.

This announcement does not constitute, or form part of, any offer to sell or any
offer for, or solicitation of, any securities. Any acceptance or response to the
Offer should be made only on the basis of the information contained in the Offer
Document.

The directors of Wireless accept responsibility for the information contained in
this announcement. To the best of the knowledge and belief of the directors of
Wireless (who have taken all reasonable care to ensure that such is the case),
the information contained in this announcement is in accordance with the facts
and does not omit anything likely to affect the import of such information.

1 March 2004




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