Motorola Solutions Claims 93% of Psion, Offer Partly Unconditional
September 13 2012 - 3:58AM
Dow Jones News
LONDON--Motorola Solutions, Inc. (MSI) said Thursday as at 1200
GMT on Sept. 12 it either owned or had received valid acceptances
of the offer for Psion PLC (PON.LN) in respect of 131.36 million
shares, or 92.80%, and that the offer is now unconditional as to
acceptances.
MAIN FACTS:
-As at 1200 GMT on Sept. 12 Motorola Solutions had received
valid acceptances of the offer in respect of 117.28 million Psion
shares, or 82.86%.
-Offer is being extended until 1200 GMT on Sept. 28.
-Psion shares at 0725 GMT up 1 pence, or 0.86%, at 88 pence
valuing the company at 123.49 million pound.
-Write to Ian Walker at ian.walker@dowjones.com
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