RNS Number:3244Q
Siemens AG
22 August 2005




Broadcastle PLC - Offer Update



Embargoed for release at 07:00



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF
AMERICA, CANADA, AUSTRALIA OR JAPAN



22 August 2005


Recommended cash offer for Broadcastle plc

by PricewaterhouseCoopers LLP

on behalf of Siemens AG

Level of Acceptances and Extension of Offer


1.      Level of acceptances

Siemens announces that as at 3.00 p.m. (London time) on 19 August 2005, the
first closing date of the Offer, valid acceptances had been received in respect 
of 30,099,498 Broadcastle Shares, representing approximately 89.47 per cent. of 
Broadcastle's issued share capital.

Prior to the announcement of the Offer on 26 July 2005, Siemens had received
irrevocable undertakings to accept the Offer in respect of a total of 9,866,766 
Broadcastle Shares, representing approximately 29.3 per cent. of the issued 
share capital of Broadcastle. Valid acceptances of the Offer have been received 
in respect of or 9,778,983 of these shares, representing approximately 
29.07 per cent. of Broadcastle's issued share capital.

Prior to the announcement of the Offer on 26 July 2005, Siemens had also
received a non-binding letter of intent to accept the Offer from Merrill Lynch 
Investment Management. This letter of intent was given in respect of a total of
1,230,300 Broadcastle Shares, representing approximately 3.7 per cent. of the
issued share capital of Broadcastle.  Valid acceptances of the Offer have been 
received in respect of all of these shares.

Save as disclosed in this announcement and in the Offer Document, neither
Siemens nor any person acting in concert with Siemens for the purposes of the 
Offer held any Broadcastle Shares (or rights over such shares) before 26 July 
2005, the first day of the Offer Period, nor has any such person acquired or 
agreed to acquire any such shares (or rights over such shares) since the 
commencement of the Offer Period.

2.   Extension of Offer

The Offer, which remains subject to the terms and conditions set out in the
Offer Document, is being extended for 14 days and will remain open for 
acceptance until the next closing date which will be 3.00 p.m. on 2 September 
2005. (Any further extensions of the Offer will be publicly announced by 
8.00 a.m. on the business day following the day on which the Offer was otherwise 
due to expire, or such later time or date as the Panel may agree).

Broadcastle Shareholders who have not yet accepted the Offer are urged to
complete, sign and return the Form of Acceptance (whether or not their 
Broadcastle Shares are in CREST) as soon as possible and, in any event, so
as to be received by post or by hand by Capita Registrars, Corporate Actions, PO
Box 166, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TH by no later 
than 3:00 p.m. (London time) on 2 September 2005.

Terms used in this announcement shall have the meaning given to them in the
Offer Document dated 29 July 2005.


Enquiries:


Siemens
Wolfram Trost, Siemens Corporate Communications            +49 (0) 89 636 34794


Konstanze Tauber, Siemens Financial Services Group         +49 (0) 89 636 31565
Corporate Communications


Andy Brown, Siemens Financial Services UK                  +44 (0) 20 8233 4046
Corporate Communciations


PricewaterhouseCoopers
Gerry Young                                                +44 (0) 20 7583 5000


This announcement does not constitute an offer to sell or the solicitation of an
offer to subscribe for or buy any securities nor shall there be any sale, 
issuance or transfer of the securities referred to in this announcement in any
jurisdiction in contravention of applicable law.

PricewaterhouseCoopers LLP, which is authorised and regulated in the United
Kingdom by the Financial Services Authority for designated investment business, 
is acting exclusively for Siemens and for no one else in relation to the Offer 
and will not be responsible to anyone other than Siemens for providing the 
protections afforded to clients of PricewaterhouseCoopers LLP or for giving 
advice in relation to the Offer or any other matter referred to in this
announcement.

The Offer is not being made, directly or indirectly, in or into, or by use of
the mails of, or by any means or instrumentality (including, without limitation, 
telephonically or electronically) of interstate or foreign commerce of, or any 
facility of a national securities exchange of, the United States, Canada, 
Australia or Japan.  The Offer should not be accepted by any such use, means, 
instrumentality or facility or from or within the United States, Canada, 
Australia or Japan.  Doing so may render invalid any purported acceptance of 
the Offer.  Accordingly, this announcement, the Offer Document and the Form of 
Acceptance and any related offer documents are not being mailed, transmitted or 
otherwise forwarded, distributed or sent in, into or from the United States,
Canada, Australia or Japan.

The ability of Broadcastle Shareholders who are not resident in the United
Kingdom to accept the Offer may be affected by the laws of the relevant 
jurisdictions in which they are located. Persons who are not resident
in the United Kingdom should inform themselves of, and observe, any applicable
requirements.

                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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