RNS No 4407m
GGT GROUP PLC
14th May 1998

Not for release, distribution or publication in or into the 
United States, Canada, Australia or Japan.


                              Omnicom Group Inc.                              
                                                                              
                Recommended Cash Offer for The GGT Group plc.                 
                                                                              
                               Closing of Offer                               

The Board of Omnicom announces that the Omnicom Group 
holds 69,723,237 GGT shares representing 100 per cent. of 
the issued ordinary share capital of GGT.  Its recommended 
cash offer for GGT will therefore close at 3.00pm on 28 May, 
1998.

At 3.00pm on 13 May, 1998, Omnicom had received valid 
acceptances of the Offer in respect of 59,653,335 GGT 
shares, representing approximately 85.56 per cent. of the 
issued ordinary share capital of GGT.  Prior to 
commencement of the Offer Period a subsidiary of Omnicom 
held 11 GGT shares representing less than 0.01 per cent. of 
the issued ordinary share capital of GGT.  During the Offer 
Period Omnicom has acquired 10,069,891 GGT shares 
representing approximately 14.44 per cent. of the issued 
ordinary share capital of GGT.

Terms defined in the Offer Document dated 6 February, 1998 
have the same meaning in this press release unless the context 
requires otherwise.

Press enquiries:

Omnicom Group Inc.      John Wren            00 1 212 415 3776
Omnicom Financial PR    Anthony Wreford      0171 351 2790

END





OFFSFLFUDUAUFSI


Global Gaming (LSE:GGT)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Global Gaming Charts.
Global Gaming (LSE:GGT)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Global Gaming Charts.