Genus Regulatory News (GNS)

1 Nov 2005 12:59

Genus PLC01 November 2005 Genus plc01 November 2005 FOR IMMEDIATE RELEASE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE EXCLUDED TERRITORIES GENUS PLC ___________________________________________________________________________ RECOMMENDED OFFER FOR SYGEN INTERNATIONAL PLC Posting of Offer and Admission Documents Genus plc ("Genus") announces that yesterday it posted the Offer Document andthe Admission Document in connection with the recommended offer by BridgewellSecurities Limited on behalf of Genus for Sygen International Plc ("Sygen") fora total cash consideration of approximately £188 million (the "Offer"). Thefirst closing date of the Offer is 21 November 2005. An extraordinary general meeting ("EGM") of the shareholders of Genus has beenconvened in connection with, among other things, the Offer by means of a noticeof EGM posted yesterday to the shareholders of Genus. The EGM will be held atthe offices of Berwin Leighton Paisner, St. Magnus House, 3 Lower Thames Street,London EC3R 6HA at 11:00 am on 25 November 2005. ___________________________________________________________________________ Enquiries Genus Telephone: 01256 347 107Richard Wood / David Timmins Bridgewell Securities Limited Telephone: 020 7003 3000Greg Aldridge / Fred Ward Panmure Gordon (Broking) Limited Telephone: 020 7459 3600Edward Farmer / Mark Lander Certain terms used in this announcement have the same meanings as in Genus' Rule2.5 Offer Announcement released on the 28 October 2005. This announcement is issued by Bridgewell Securities Limited, which isauthorised and regulated in the United Kingdom by the Financial ServicesAuthority. Bridgewell Securities Limited is acting exclusively for Genus and noone else in connection with the Offer and will not be responsible to anyoneother than Genus for providing the protections afforded to customers ofBridgewell Securities Limited nor for providing advice in relation to the Offer. Panmure Gordon (Broking) Limited, which is authorised and regulated in theUnited Kingdom by the Financial Services Authority for investment businessactivities, is acting exclusively for Genus and no one else and will not beresponsible to anyone other than Genus for providing the protections afforded tocustomers of Panmure Gordon nor for providing advice in relation to the Offer. The release, publication or distribution of this announcement in jurisdictionsother than the United Kingdom may be restricted by law and therefore persons insuch jurisdictions into which this announcement is released, published or distributed should inform themselves about, and observe, such restrictions. Anyfailure to comply with the restrictions may constitute a violation of thesecurities laws of any such jurisdiction. The Offer is not being made, directly or indirectly, in or into, or by use ofthe mails of, or by any means or instrumentality (including, without limitation,facsimile transmission, internet, email, telex or telephone) of interstate or foreign commerce of, or any facility of a national state or other securitiesexchange of, the Excluded Territories and subject to certain exceptions cannotbe accepted by any such use, means instrumentality or facility or from theExcluded Territories. Neither the Offer nor the Placing constitutes an offer of securities for sale,or the solicitation of an offer to buy, securities in the United States and thePlacing Shares to be issued pursuant to the Placing have not been and will not be registered under the United States Securities Act of 1933, or under the lawsof any state, district or other jurisdiction of the Excluded Territories and noregulatory clearances in respect of Placing Shares have been or will be, appliedfor in any jurisdiction. Accordingly, unless an exemption under the USSecurities Act of 1933 or other relevant securities laws is applicable, thePlacing Shares are not being, and may not be offered, sold, resold, delivered or distributed, directly or indirectly, in or into any of the Excluded Territoriesor to, or for the account or benefit of, any person resident in any of theExcluded Territories. This information is provided by RNS The company news service from the London Stock Exchange