Circle Communication - Offer Acceptances, etc
08 7월 1997 - 2:27AM
UK Regulatory
RNS No 740u
CIRCLE COMMUNICATIONS PLC
7th July 1997
SOUTHERN STAR GROUP LIMITED
Recommended Offers for Circle Communications plc
Compulsory acquisition of outstanding Circle Ordinary Shares
Southern Star announces that, by 3.00 pm today, it had received
valid acceptances under the Ordinary Offer in respect of
10,967,372 Circle Ordinary Shares, representing approximately
99.2 per cent. of the issued ordinary share capital of Circle.
In accordance with the provisions of sections 428 - 430F of the
Companies Act 1985, Southern Star has commenced compulsory
acquisition procedures to acquire the outstanding Circle Ordinary
Shares.
The Offers (but not the Mix and Match Facility) will remain open
for acceptance until further notice.
Words defined in the Offer Document dated 5th June, 1997 shall
have the same meaning in this announcement, unless the context
otherwise requires.
The Offers are not being made, directly or indirectly, in or into
the United States of America, Canada, Japan or Australia.
Press enquiries
Southern Star Neil Balnaves 00 612 9202 8521
Executive Chairman (+9 hours)
Deutsche Morgan Grenfell Richard Nourse 0171 545 8000
Deutsche Morgan Grenfell, which is regulated by The Securities
and Futures Authority Limited, is acting for Southern Star and no
one else in connection with the Offers and will not be
responsible to anyone other than Southern Star for providing the
protections afforded to customers of Deutsche Morgan Grenfell or
for giving advice in relation to the Offers.
END
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