27 Jan 2017 17:02
Baring Emerging Europe Plc - Shares in issueBaring Emerging Europe Plc - Shares in issue
PR Newswire
London, January 27
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, NEW ZEALAND, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
27 January 2017
BARING EMERGING EUROPE PLC
Shares in Issue
On 15 December 2016, the Company announced the publication of a circular (the "Circular") in respect of a tender offer for up to 10 per cent. of the issued share capital of the Company (excluding any Shares held in treasury) (the "Tender Offer"). Terms used in this announcement and not otherwise defined shall have the same meaning as in the Circular.
The Board announces that as a result of the Tender Offer a total of 1,585,858 Shares have been repurchased by the Company for cancellation. Following the cancellation of the Shares, there are 14,273,506 Shares in issue (excluding 3,318,207 Shares held in treasury by the Company).
The expected timetable for the completion of the Tender Offer is as follows:
| Settlement of proceeds through CREST in respect of Tender Offer shares to uncertificated shareholders | 31 January 2017 |
| Despatch of settlement proceeds by cheque in respect of Tender Offer shares to certificated shareholders | by 3 February 2017 |
Unless otherwise stated, all references to time in this document are to London time.
Enquiries:
Steven BatesChairman, Baring Emerging Europe PLCTel: 020 7982 1263
William SimmondsJ.P. Morgan CazenoveTel: 020 7742 4000
Martin Salmon / Graham VenablesNorthern TrustTel: 020 7982 2000