Circle Communication - Offers Closed, etc
27 8월 1997 - 8:31PM
UK Regulatory
RNS No 1488w
CIRCLE COMMUNICATIONS PLC
27 August 1997
The Offers are not being made, directly or indirectly, in or into the United
States of America, Canada, Japan or Australia.
SOUTHERN STAR GROUP LIMITED
Recommended offers for Circle Communications plc
Closing of the Offers and the
de-listing of Circle Ordinary Shares
Southern Star announced on 7th July, 1997 that it had commenced compulsory
acquisition procedures to acquire the outstanding Circle Ordinary Shares in
accordance with the provisions of Sections 428-430F of the Companies Act 1985.
These procedures were completed on 21st August, 1997 and as a result Southern
Star now owns 100 per cent. of the issued share capital of Circle. Circle has
made an application to the London Stock Exchange for the Circle Ordinary Shares
to be de-listed from the Alternative Investment Market.
Southern Star also announces that the Offers have been closed.
Words defined in the Offer Document dated 5th June, 1997 shall have the same
meaning in this announcement, unless the context otherwise requires.
Press enquiries:
Southern Star Neil Balnaves 00 612 9202 8521
(+9 hours) Executive Chairman
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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