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Offer Update

14 Aug 2009 07:00

RNS Number : 4331X
iPoint-media PLC
14 August 2009
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ο»Ώ

Not for release, publication or distribution in or into or from theΒ United States,Β Canada,Australia,Β JapanΒ or theΒ RepublicΒ ofΒ South Africa

14Β AugustΒ 2009

iPoint-media plcΒ 

("iPoint" orΒ "Β theΒ Company")

Final Closing

Recommended all share offer for All New Video Plc ("ANV") made byΒ 

John EastΒ & Partners on behalf of iPoint ("Offer")

Further to the announcement made onΒ 7 April 2009,Β iPointΒ announces that as at 1.00 p.m. onΒ 13 AugustΒ 2009Β valid acceptances of the Offer had been received in respect of a total ofΒ 85,937,245Β ANVΒ Shares representingΒ theΒ 99.45Β per cent. of ANV's current issued share capital.Β 

The Offer is now closed and no further acceptances will be accepted.

Terms defined in the Offer Document datedΒ 17 JanuaryΒ 2007Β have the same meaning in this announcement.

Disclosures

Save as disclosed above, noΒ ANVΒ Shares have been acquired or agreed to be acquired by or on behalf ofΒ IPointΒ or any person acting in concert withΒ IPointΒ during the Offer Period and neitherΒ IPointΒ nor any person acting in concert withΒ IPointΒ has the benefit of any irrevocable commitment or letter of intent in respect of anyΒ ANVΒ Shares or has any interest in anyΒ ANVΒ Shares, or any short position (whether conditional or absolute and whether in the money or otherwise and including any short position under a derivative), any agreement to sell, any delivery obligation, any right to require another person to purchase or take delivery, any stock borrowing or lending arrangement in respect of anyΒ ANVΒ Shares, or any right to subscribe for anyΒ ANVΒ Shares.

Enquiries:

iPoint-media plc

Muki Geller

+(0) 972 544 450 667

John East & Partners Limited, a subsidiary of Merchant Securities PLCΒ 

David Worlidge

Bidhi Bhoma

+44 (0) 207 628Β 2200

TheΒ IPointΒ Directors accept responsibility for the information contained in this Announcement. To the best of the knowledge and belief of theΒ IPointΒ Directors (who have taken all reasonable care to ensure that such is the case), the information contained in this Announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.

John East & Partners Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting forΒ IPointΒ and for no one else in connection with the Offer, and will not be responsible to anyone other thanΒ IPointΒ for providing the protections afforded to customers of John East & Partners LimitedΒ norΒ for providing advice in relation to the Offer or any matter referred to in this Announcement.Β 

This announcement does not constitute, or form part of, an offer or an invitation to purchase or subscribe for any securities.

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