Aegis Group PLC Court sanction of Scheme of Arrangement (6552A)
March 22 2013 - 6:53AM
UK Regulatory
TIDMAGS
RNS Number : 6552A
Aegis Group PLC
22 March 2013
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN
PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH
JURISDICTION
FOR IMMEDIATE RELEASE
22 March 2013
Recommended cash offer
for
Aegis Group plc
by
Dentsu Inc.
Court sanction of the Scheme of Arrangement
Aegis Group plc ("Aegis") is pleased to announce that the scheme
of arrangement (the "Scheme") in order to effect the recommended
acquisition of Aegis by Dentsu (the "Acquisition") was today
sanctioned by the Court. As announced on 13 March 2013, the Second
Court Hearing is expected to take place on 26 March 2013.
Subject to Court approval of the Capital Reduction at the Second
Court Hearing and the timing of the delivery of the court orders to
Companies House, the Effective Date is expected to be on or before
28 March 2013.
In any event, the consideration of 240 pence per Scheme Share to
be paid to Scheme Shareholders pursuant to the terms of the Scheme
is expected to be dispatched (in the case of certificated holders
of Scheme Shares) or settled in CREST (in the case of
uncertificated holders of Scheme Shares) on or before 9 April
2013.
Defined terms used in this announcement have the same meanings
as are given to them in the Scheme Document.
Enquiries:
Dentsu +81 3 6216 5111
Tadashi Ishii, President & Chief Executive
Officer
Shoichi Nakamoto, Executive Vice President
Tim Andree, President & Chief Executive Officer,
Dentsu Network
Yumiko Toyoda, Senior Manager, Investor Relations
Group +1 212 397 3333
Shusaku Kannan, Senior Manager, Corporate Communications +81 3 6216 8015
Division +81 3 6216 8042
Morgan Stanley
(Dentsu's Financial Adviser) +44 20 7425 8000
Ian Hart
Laurence Hopkins
Hironobu Wakabayashi +81 3 5424 5000
Aegis +44 20 7070 7700
Jerry Buhlmann, Chief Executive Officer
Nick Priday, Chief Financial Officer
Rob Gurner, Head of Investor Relations
Louise Evans, Group Director of Communications +44 7920 492400
Greenhill +44 20 7198 7400
(Aegis's Lead Financial Adviser)
Richard Hoyle
Pieter-Jan Bouten
J.P. Morgan Cazenove
(Aegis's Corporate Broker & Financial Adviser) +44 20 7742 1000
Tim Wise
Chris Wood +44 20 7134 7387
Tulchan
(Aegis's PR Adviser) +44 20 7353 4200
Susanna Voyle
James Macey White
IMPORTANT NOTICES
Morgan Stanley is acting exclusively for Dentsu and no one else
in connection with the Acquisition and this announcement and will
not be responsible to anyone other than Dentsu for providing the
protections afforded to clients of Morgan Stanley or for providing
advice in connection with the Acquisition or any matter referred to
herein.
Greenhill, which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting exclusively
for Aegis and no one else in connection with the Acquisition and
will not be responsible to anyone other than Aegis for providing
the protections afforded to clients of Greenhill or for providing
advice in connection with the Acquisition or any matter referred to
herein.
J.P. Morgan Limited, which conducts its UK investment banking
business as J.P. Morgan Cazenove and is authorised and regulated in
the United Kingdom by the Financial Services Authority, is acting
exclusively for Aegis and no one else in connection with the
Acquisition and will not be responsible to anyone other than Aegis
for providing the protections afforded to its clients or for
providing advice in connection with the Acquisition or any matter
referred to herein.
You may request a hard copy of this announcement by contacting
Aegis's registrar, Computershare Investor Services PLC on 0870 889
3174 (from inside the UK) or +44 870 889 3174 (from outside the
UK). You may also request that all future documents, announcements
and information to be sent to you in relation to the Acquisition
should be in hard copy form.
Publication on Website
A copy of this announcement will be made available subject to
certain restrictions relating to persons resident in Restricted
Jurisdictions, free of charge, on www.aegisplc.com and on
www.dentsu.com by no later than noon (London time) on 25 March
2013.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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