Gold Medal Acquisitions Offer For Fulcrum Pharma Now Unconditional

LONDON (Dow Jones)--Gold Medal Acquisitions U.K. Ltd said Wednesday that recommended cash offer for Fulcrum Pharma PLC(FUL.LN) has been declared wholly unconditional. MAIN FACTS: -All of the conditions to the Offer have now been satisfied or waived and, accordingly, the Offer is declared unconditional in all respects. -As at 1200 GMT, being the extended closing date of the Offer, valid acceptances of the Offer had been received in respect of a total of 163,370,158 Fulcrum Pharma Shares, representing 91.81% of the existing issued share capital of Fulcrum Pharma. -The Offer will remain open for acceptance until further notice and at least 14 days' notice will be given if Gold Medal U.K. decides to close the Offer. -Fulcrum Pharma Shareholders who have not yet accepted the Offer and who wish to do so should complete and return their forms of acceptance as soon as possible. -Application will be made to the London Stock Exchange for the cancellation of the admission to trading of Fulcrum Pharma Shares on AIM. -It is expected that such cancellation will take effect from July 12. -By Razak Musah Baba, Dow Jones Newswires; +44-20-7842-9275; razak.baba@dowjones.com (END) Dow Jones Newswires June 09, 2010 11:15 ET (15:15 GMT)