Etam PLC - Further re Cash Offer
05 Gennaio 1998 - 5:53PM
UK Regulatory
RNS No 2975t
ETAM PLC
5th January 1998
Not for release or distribution in or into the United States of America,
Canada, Australia or Japan
Etam Developpement SCA ("Etam Developpement")
Recommended final* cash offer (the "Offer") for Etam Public Limited Company
("Etam")
Closure of the Share Alternative to the Offer
Etam Developpement announces the closure, as of 3.00pm on 5 January 1998, of
the Share Alternative to the recommended final* cash offer for Etam. The
cash offer will remain open for acceptances until further notice.
Etam shareholders who have not yet accepted the Offer should despatch their
Form of Acceptance as soon as possible.
Enquiries
Schroders - Alan Jacobs 0171 658 6000
- Marc Vincent 00 331 44 20 65 65
Credit Agricole - Jean-Marie Soubrier 00 331 41 89 26 62
Indosuez
- Nick Bryan 0171 971 4313
*The Offer is final and will not be increased, save in the event of a
competitive situation (as determined by the Panel) arising or otherwise with
the consent of the Panel.
Schroders and Credit Agricole Indosuez, which are regulated in the UK by The
Securities and Futures Authority Limited, are acting for Etam Developpement
and no one else in connection with the Offer and will not be responsible to
anyone other than Etam Developpement for providing the protections afforded
to customers of Schroders or Credit Agricole Indosuez or for providing advice
in relation to the Offer.
END
OFFNFKFSEDAPEFN
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