Offer Update
02 Ottobre 2007 - 5:15PM
UK Regulatory
RNS Number:9926E
Norbert Dentressangle Group
02 October 2007
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION
2 October 2007
RECOMMENDED CASH ACQUISITION
of
CHRISTIAN SALVESEN PLC
by
GROUPE NORBERT DENTRESSANGLE S.A.
Transaction update
Further to the announcement released earlier today ("Transaction Announcement"),
UBS Global Asset Management (UK) Ltd has confirmed that it is permitted to vote
20,250,644 of the 26,827,462 Christian Salvesen Shares it manages on behalf of
its clients. Therefore, Hawkpoint and GND have now received irrevocable
undertakings, to vote in favour of the Transaction at the Court Meeting and the
General Meeting, from the Christian Salvesen Directors who hold Christian
Salvesen Shares, certain members of the Salvesen family and other shareholders
together representing approximately 30.1 per cent. of the entire existing issued
share capital of Christian Salvesen.
Terms defined in the Transaction Announcement have the same meaning in this
announcement.
Enquiries:
GND Tel: +33 (0) 475 232 526
Jean-Claude Michel
Patrick Bataillard
Hawkpoint Tel: + 44 (0) 207 665 4500
(financial adviser to GND)
Paul Baines
Edouard Debost
Vinay Ghai
Maitland Tel: +44 (0) 207 395 0430
(PR adviser to GND)
Neil Bennett
Hawkpoint, which is authorised and regulated in the United Kingdom by the
Financial Services Authority is acting for GND and no one else in connection
with the Transaction and will not be responsible to anyone other than GND for
providing the protections afforded to clients of Hawkpoint or for providing
advice in connection with the Transaction or the content of, or any other
transaction, matter or arrangement referred to in, this Announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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