Offer Document Posted

RNS Number:6581P
Solarsoft Acquisition Limited
07 March 2008

Solarsoft Acquisition Limited
For immediate release
7 March 2008



Not for release, publication or distribution, in whole or in part, in, into or
from the United States, Canada, Australia, Japan or any other jurisdiction where
to do so would constitute a violation of the relevant laws of such jurisdiction



                             Recommended Cash Offer
                by Solarsoft Acquisition Limited ("Solarsoft"),
                      a company formed at the direction of
                       Marlin Equity Partners ("Marlin"),
                      for Chelford Group Plc ("Chelford")



                             OFFER DOCUMENT POSTED



Further to the announcement made on 6 March 2008 of a recommended cash offer by
Solarsoft to acquire the entire issued and to be issued share capital of
Chelford, Solarsoft announces that the offer document (the "Offer Document")
containing the full terms of the Offer has been posted to Chelford Shareholders
yesterday together with the Form of Acceptance.


The Offer will be open for acceptance until 3.00 p.m. (London time) on 27 March
2008.


If you hold your Chelford shares in certificated form (that is, not in CREST),
to accept the Offer in respect of those Chelford shares you should complete,
sign and return the Form of Acceptance (together with your share certificates
and any other documents of title) as soon as possible and, in any event, so as
to be received by not later than 3.00 p.m. (London time) on 27 March 2008, to
Computershare Investor Services PLC, Corporate Actions Projects, Bristol, BS99
6AH.


If you hold your Chelford shares in uncertificated form (that is, in CREST), to
accept the Offer in respect of those Chelford Shares you should follow the
procedure for Electronic Acceptance through CREST so that the TTE instruction
settles as soon as possible and, in any event, not later than 3.00 p.m. (London
time) on 27 March 2008. If you are a CREST sponsored member, you should refer to
your CREST sponsor before taking any action as only your CREST sponsor will be
able to send the necessary TTE instructions to Euroclear in relation to your
Chelford shares.



Copies of the Offer Document and the Form of Acceptance are available for
inspection during normal business hours on any weekday (public holidays
excepted) at the offices of Gibson, Dunn & Crutcher LLP, Telephone House, 2-4
Temple Avenue, London EC4Y 0HB, until the end of the Offer Period. Additional
Forms of Acceptance are available from Computershare Investor Services PLC by
telephoning 0870 707 1705 or +44 870 707 1705 (if telephoning from outside the
UK) between 9.00 a.m. and 5.00 p.m. (London time) Monday to Friday (excluding UK
public holidays).  A copy of the Offer Document is also available on Chelford's
website, www.chelfordgroup.com.



Terms defined in the Offer Document have the same meaning in this announcement.



Enquiries:

Solarsoft                                               Tel: +44 (0)1908 295 400
Shawn McMorran, Chief Executive

Strata Partners                                         Tel: +44 (0)20 7730 1200
(financial adviser to Solarsoft)
Edward Roskill



The Solarsoft Directors accept responsibility for the information contained in
this announcement. To the best of the knowledge and belief of the Solarsoft
Directors (who have taken all reasonable care to ensure that such is the case),
the information contained in this announcement for which they each accept
responsibility is in accordance with the facts and does not omit anything likely
to affect the import of such information.



Strata Technology Partners LLP ("Strata"), which is authorised and regulated in
the United Kingdom by the Financial Services Authority, is acting exclusively
for Solarsoft and no one else in connection with the Offer and will not be
responsible to anyone other than Solarsoft for providing the protections
afforded to clients of Strata nor for providing advice in relation to the Offer
or any other matters referred to or described in this announcement or any
transaction or arrangement referred to herein.



This announcement is not intended to and does not constitute or form any part of
an offer to sell or an invitation to purchase or subscribe for any securities or
the solicitation of an offer to purchase or subscribe for any securities
pursuant to the Offer or otherwise.  The Offer will be made solely through the
Offer Document and the Form of Acceptance, which will together contain the full
terms and conditions of the Offer, including details of how to accept the Offer.
  Any acceptance or other response to the Offer should be made only on the basis
of the information contained in the Offer Document and the Form of Acceptance.

The release, publication or distribution of this announcement in jurisdictions
other than the UK may be restricted by law and therefore any persons who are
subject to the laws of any jurisdiction other than the UK should inform
themselves about, and observe, any applicable requirements.  Any failure to
comply with the applicable requirements may constitute a violation of the
securities laws of any such jurisdiction.

The Offer will not be made, directly or indirectly, in or into the United States
or by use of the mails of, or by any means or instrumentality (including,
without limitation, facsimile or other electronic transmission, telex or
telephone) of inter-state or foreign commerce of, or any facility of, a
national, state or other securities exchange of, the United States, nor will it
be made directly or indirectly in or into Canada, Australia or Japan and the
Offer will not be capable of acceptance by any such use, means, instrumentality
or facility or from within the United States, Canada, Australia or Japan or any
other such jurisdiction if to do so would constitute a violation of the relevant
laws of such jurisdiction.  Accordingly, copies of this announcement are not
being, will not be and must not be mailed or otherwise forwarded, distributed or
sent in, into or from the United States, Canada, Australia or Japan or any other
such jurisdiction if to do so would constitute a violation of the relevant laws
of such jurisdiction.  Any persons (including without limitation custodians,
nominees or trustees) receiving this announcement must not mail, forward,
distribute or send it in, into or from the United States, Canada, Australia or
Japan or any other such jurisdiction if to do so would constitute a violation of
the relevant laws of such jurisdiction.






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

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