Rule 8.4 - AttentiV Systems
May 05 2005 - 8:20AM
UK Regulatory
RNS Number:9255L
TietoEnator Corporation
05 May 2005
Not for release, publication or distribution in, into or from Australia, Canada,
Japan or the United States
5 May 2005
RECOMMENDED INCREASED CASH OFFER
by
REGENT ASSOCIATES LIMITED
on behalf of
TIETOENATOR FINANCIAL SOLUTIONS UK LIMITED
for
ATTENTIV SYSTEMS GROUP PLC
RULE 8 DISCLOSURE
Further to the announcement on 4 May 2005 by TietoEnator Financial Solutions of
its recommended increased offer for AttentiV of 85.5 pence in cash per AttentiV
Share (the "Increased Offer"), relevant details of the irrevocable undertakings
and letters of intent referred to in that announcement as required pursuant to
Rule 8.4 of the City Code are set out below.
Irrevocable undertakings
AttentiV Shareholder giving the undertaking Number of AttentiV Shares
to which the undertaking relates
New Star Asset Management Limited - Note
(a) 1,670,000
Artemis Investment Management Limited -
Note (a) 1,000,000
Britannic Asset Management Limited - Note
(a) 922,233
Framlington Investment Management Limited -
Note (b) 9,345,129
Note: Material circumstances in which the undertakings will cease to be
binding
(a) If a third party announces a firm intention to make an offer which values
each AttentiV Share at a price which equals or exceeds 110% of the value per
AttentiV Share of the Increased Offer
(b) If a third party announces a firm intention to make an offer which values
each AttentiV Share at a price which equals or exceeds 105% of the value per
AttentiV Share of the Increased Offer
Non-binding letters of intent
AttentiV Shareholder giving the letter Number of AttentiV Shares
to which the letter relates
Insight Investment Management (Global) Limited 4,663,475
Morley Fund Management Limited 4,500,000
Lazard Asset Management Limited 865,720
Terms defined in the offer document dated 14 April 2005 have the same meanings
in this announcement, save where the context otherwise requires.
Enquiries:
Regent Associates Limited
James Calvert 01753 800700
Robert Fergusson
Sarah McNicholas
Regent Associates Limited, which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting exclusively as financial
adviser to TietoEnator and TietoEnator Financial Solutions in connection with
the Increased Offer and no one else and will not be responsible to anyone other
than TietoEnator and TietoEnator Financial Solutions for providing the
protections afforded to clients of Regent Associates Limited. nor for providing
advice in relation to the Increased Offer.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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