Last checked at 
2 Nov 2012 07:00
2 November 2012
LMS Capital plc ("the Company")
Tender Offer
The Company has today published a circular (the "Circular") to Shareholders setting out details of a tender offer to return up to £40 million to shareholders (the "Tender Offer").
The Tender Offer is available to Shareholders (other than certain overseas Shareholders) on the Register as at the close of business on 22 November 2012. Tenders in excess of a Shareholder's Basic Entitlement will only be accepted to the extent that other Shareholders tender less than their Basic Entitlement and will be satisfied on a pro rata basis.
A General Meeting will be held at 11.30 a.m. on Thursday 29 November 2012 at Durrants Hotel, George Street, London W1H 5BJ to seek Shareholder approval of the Tender Offer. If the Tender Offer is approved at the General Meeting, it is expected to take place on 30 November 2012. Full details of the Tender Offer timetable, mechanics and settlement procedure are set out in the Circular. The timetable of the Tender Offer is summarised below:
Tender Offer opens | 6 November 2012 |
Latest time for receipt of Tender Forms and TTE instructions in relation to the Tender Offer | 1.00 p.m. on 22 November 2012 |
Tender Offer Record Date | 6.00 p.m. on 22 November 2012 |
Latest time for receipt of Forms of Proxy | 11.30 a.m. on 27 November 2012 |
General Meeting | 11.30 a.m. on 29 November 2012 |
Announcement of results of General Meeting and Tender Offer | 8.00 a.m. on 30 November 2012 |
Terms used and not defined in this announcement bear the meaning given to them in the Circular dated 2 November 2012.
Copies of the following documents will be submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM:
·; Circular of the Company dated 2 November 2012 including Notice of General Meeting; and
·; Proxy Form for General Meeting on 29 November 2012.
A copy of the Circular and Notice of General Meeting are now available to view on the Company's website at: www.lmscapital.com
For further information please contact:
LMS Capital plc 020 7935 3555
Nick Friedlos, Executive Director
Tony Sweet, Chief Financial Officer
J.P. Morgan Cazenove 020 7742 4000
Michael Wentworth-Stanley
MHP Communications 020 3128 8791
Tim McCall
Katie Hunt
About LMS Capital
LMS Capital is an investment company which, following a General Meeting on 30 November 2011, is undertaking a realisation strategy with the aim of achieving a balance between an efficient return of cash to shareholders and optimising the value of the Company's investments. Its investment portfolio consists of small to medium sized companies in the consumer, energy and business services sectors.
www.lmscapital.com