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8 Jun 2009 07:00
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EDF Trading Limited ("EDF Trading")
Announcement in accordance with Rule 2.4 of the Irish Takeover Panel Act 1997,
Takeover Rules 2007.Β
PossibleΒ offer for EcoSecurities Group plc ("EcoSecurities")
Β
EDF Trading, a wholly owned subsidiary of ΓlectricitΓ© de France S.A. has noted the announcement of 5 June 2009 by Guanabara Holdings B.V.Β in relation to a possible offer for EcoSecurities,Β and confirms that it, or a subsidiary of it,Β is consideringΒ a cashΒ offer for the entire issued and to be issued share capital of EcoSecuritiesΒ without recourse to third party financing. The level of any such cash offer is contemplated to be at a price of at leastΒ 75Β penceΒ per share, with the ultimate level of any offer dependent on the satisfactory completion of due diligence.
This announcement does not amount to a firm intention to make an offerΒ under Rule 2.5 of theΒ Irish Takeover Panel Act 1997, Takeover Rules 2007Β and, at this stage, there can be no certainty that an offer or anyΒ other transaction will occur.
A further announcement will be made when appropriate.
Enquiries
|
Numis Securities Limited Corporate finance:Β John HarrisonΒ /Β Lee Aston Corporate broking: James Black |
Tel: +44 (0) 20 7260 1000 |
Β
The holder of 1% or more of any relevant securities inΒ EcoSecuritiesΒ may from the date of this announcement have disclosure obligations under Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules 2001 to 2007, as applied, with amendments by the European Communities (Takeover Bids (Directive 2004/25/EC)) Regulations 2006.
The directors ofΒ EDF TradingΒ accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the directors ofΒ EDF TradingΒ (who have taken all reasonable care to ensure that such is the case), the information contained in this announcement for which they accept responsibility is in accordance with the facts and does not omit anything likely to affect the import of such information.Β
Numis Securities Limited, which is authorised and regulated by the FSA in the United Kingdom, is acting exclusively forΒ ΓlectricitΓ© de FranceΒ S.A.Β and its subsidiariesΒ and no-one else in connection with the possible offer and will not be responsible to anyone other thanΒ ΓlectricitΓ© de France S.A. and its subsidiariesΒ for providing the protections afforded to clients of Numis Securities Limited nor for providing advice in relation to the possible offer, the contents of this announcement or any other matter or arrangement referred to herein.
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