Inspirations PLC - Offers Wholly Unconditional
September 05 1997 - 10:10AM
UK Regulatory
RNS No 5517e
INSPIRATIONS PLC
5th September 1997
Not for release, publication or distribution in or into the
United States, Canada, Japan or Australia
Carlson Leisure Group (UK) Limited ("CLG(UK)")
Recommended Cash Offers ("Offers") for
Inspirations plc ("Inspirations")
Offers declared unconditional in all respects
At 12.00pm on 5 September 1997 valid acceptances of the
Ordinary Offer had been received in respect of 28,607,140
Ordinary Shares representing approximately 89.9 per cent of
the issued Ordinary Share capital of Inspirations and valid
acceptances of the Convertible Offer had been received in
respect of 12,539,808 Convertible Shares representing
approximately 99.0 per cent of the issued Convertible Share
capital of Inspirations.
Prior to the announcement of the Offers on 24 July 1997 CLG
(UK) did not hold any Ordinary Shares or Convertible Shares.
Since the announcement on 24 July 1997 CLG (UK) has acquired
2,429,413 Ordinary Shares representing approximately 7.6 per
cent of the issued Ordinary Share capital of Inspirations.
By 12.00pm on 5 September 1997, therefore, CLG (UK) owned or
had received acceptances in respect of a total of 31,036,553
Ordinary Shares representing approximately 97.5 per cent of
the issued Ordinary Share capital of Inspirations.
All other conditions of the Offers having been satisfied or
waived, CLG (UK) is, therefore, declaring both the Ordinary
Offer and the Convertible Offer unconditional in all
respects. The Offers will remain open for acceptance until
further notice.
Enquiries :
DLJ Phoenix Securities Limited 0171 638 2191
John Craven
Andrew Sibbald
The definitions set out in the Offer Document dated 25 July
1997 apply in this announcement.
DLJ Phoenix, which is regulated by The Securities and Futures
Authority Limited, is acting for CLG (UK) and Carlson and for
no one else in connection with the Offers. DLJ Phoenix will
not be responsible to anyone other than CLG (UK) and Carlson
for providing the protections afforded to customers of DLJ
Phoenix, nor for providing advice in relation to the Offers.
END
Inspicio (LSE:INP)
Historical Stock Chart
From Jun 2024 to Jul 2024
Inspicio (LSE:INP)
Historical Stock Chart
From Jul 2023 to Jul 2024