14 Aug 2009 07:00
Not for release, publication or distribution in or into or from the United States, Canada,Australia, Japan or the Republic of South Africa
14 August 2009
iPoint-media plc
("iPoint" or " the Company")
Final Closing
Recommended all share offer for All New Video Plc ("ANV") made by
John East & Partners on behalf of iPoint ("Offer")
Further to the announcement made on 7 April 2009, iPoint announces that as at 1.00 p.m. on 13 August 2009 valid acceptances of the Offer had been received in respect of a total of 85,937,245 ANV Shares representing the 99.45 per cent. of ANV's current issued share capital.
The Offer is now closed and no further acceptances will be accepted.
Terms defined in the Offer Document dated 17 January 2007 have the same meaning in this announcement.
Disclosures
Save as disclosed above, no ANV Shares have been acquired or agreed to be acquired by or on behalf of IPoint or any person acting in concert with IPoint during the Offer Period and neither IPoint nor any person acting in concert with IPoint has the benefit of any irrevocable commitment or letter of intent in respect of any ANV Shares or has any interest in any ANV 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 any ANV Shares, or any right to subscribe for any ANV Shares.
Enquiries:
| iPoint-media plc Muki Geller
| +(0) 972 544 450 667
|
| John East & Partners Limited, a subsidiary of Merchant Securities PLC David Worlidge Bidhi Bhoma | +44 (0) 207 628 2200 |
The IPoint Directors accept responsibility for the information contained in this Announcement. To the best of the knowledge and belief of the IPoint 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 for IPoint and for no one else in connection with the Offer, and will not be responsible to anyone other than IPoint for providing the protections afforded to customers of John East & Partners Limited nor for providing advice in relation to the Offer or any matter referred to in this Announcement.
This announcement does not constitute, or form part of, an offer or an invitation to purchase or subscribe for any securities.