Rns...31 Mar 2010 08:02
TIDMASTR RNS Number : 4731J Astaire Group Plc 31 March 2010 ? Not for release, publication or distribution in whole or in part into any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction 31 March 2010 Offer by Astaire Securities Plc on behalf of Astaire Group Plc to acquire Hoodless Brennan Holdings Plc Astaire has received acceptances for 80.04% of the issued share capital: Offer Extended On 10 February 2010, Astaire Securities Plc on behalf of Astaire Group PLC ("Astaire") announced an offer to acquire the entire issued, and to be issued, share capital of Hoodless Brennan Holdings Plc ("HBH") (the "Offer"). Astaire is now pleased to announce that as at 1.00 p.m. (London time) on 30 March 2010 (being the first closing date of the Offer), Astaire had received valid acceptances in respect of 85,123,305 HBH Shares representing 80.04 per cent. of the current issued share capital of HBH. Extension of Offer Period The Board of Astaire announces that the Offer, which remains subject to the terms and conditions set out or referred to in the Offer Document, is being extended and will remain open for acceptance until the next closing date which will be 1.00 p.m. (London time) on 20 April 2010. Acceptance Procedure To accept the Offer you should complete, sign and return the Form of Acceptance (together with your share certificate(s) and any other documents of title) as soon as possible and, in any event, so as to be received by no later than 1.00 p.m. (London time) on 20 April 2010 by Share Registrars, Suite E, 9 Lion and Lamb Yard, Farnham, Surrey GU9 7LL. Further details of the acceptance procedure can be found in the Offer Document. Copies of the Offer Document, the Form of Acceptance are available on Astaire's website, www.astairegroup.co.uk/HBH-Offer.html, and from the offices of Astaire Securities Plc, 30 Old Broad Street, London EC2N 1HT during normal business hours on any business day throughout the period during which the Offer remains open for acceptance. If the Offer becomes or is declared unconditional in all respects and if sufficient acceptances are received, Astaire intends to apply the provisions of sections 979 to 982 (inclusive) of the 2006 Act to acquire compulsorily any remaining HBH Shares. Interests in Relevant Securities Save as disclosed above, neither Astaire nor any of the directors of Astaire, nor, so far as the directors of Astaire are aware, any person acting in concert with Astaire for the purposes of the Offer has any interest in, right to subscribe for, or has borrowed or lent any HBH Shares or securities convertible or exchangeable into HBH Shares ("HBH Securities"), nor does any such person have any short position (whether conditional or absolute and whether in money or otherwise), including any short position under a derivative, any agreement to sell or any delivery obligation or right to require another person to purchase or take d