TCI Thompson Clive

RNS Number:5179N
Thompson Clive Investments PLC
13 June 2005

Thompson Clive Investments plc



RESULT OF TENDER OFFER



The Tender Offer made by JPMorgan Cazenove Limited, on behalf of Thompson Clive
Investments plc (the "Company"), to the Company's shareholders pursuant to which
the Company's shareholders were entitled to tender their Entitlement (or such
lesser number as they specified) at the Tender Price was approved at the
Extraordinary General Meeting of the Company held on 10 May 2005.  The Reduction
of Capital has become effective.  The Net Asset Value at the close of business
on 10 June 2005 was #4.773 per Share. The Tender Offer Price is therefore #4.743
per Share.  Terms used in this announcement bear the meanings given to them in
the Circular to Shareholders dated 13 April 2005.



The result of the Tender Offer was as follows:



Total Number of Shares in issue: 3,479,732



Total number of Shares to be bought back under the tender: 965,243



Accordingly, tenders of shares up to the Entitlement, being 30.2950 per cent. of
the issued share capital of the Company, and those for less than the
Entitlement, will be satisfied in full.



Following settlement of the Tender Offer, which is expected to be made on 16
June 2005, 2,514,489 Shares will remain in issue (72.2610 per cent. of the
current issued share capital of the Company).



Enquiries:

Colin Clive/Richard Thompson: Thompson Clive Investments plc (Tel: 020 7535
4900)

Angus Gordon Lennox: JPMorgan Cazenove Limited (Tel: 020 7588 2828)



END.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

RTEFJMPTMMBBBAA

Grafico Azioni Thompson Clive (LSE:TCI)
Storico
Da Giu 2024 a Lug 2024

Grafico Azioni Thompson Clive (LSE:TCI)
Storico
Da Lug 2023 a Lug 2024