Mothercare Regulatory News (MTC)

25 May 2007 17:30

Mothercare PLC25 May 2007 25 May 2007 Mothercare plc (the "Company") Proposed Acquisition of Chelsea Stores Holdings Limited ("CSHL") and Notice of Extraordinary General Meeting Further to the Company's announcement of 28 April 2007 regarding its proposedacquisition of CSHL (the "Proposed Acquisition"), the Company announces that itis posting a circular (the "Circular") to all its shareholders and it isconvening an Extraordinary General Meeting (the "EGM"), to be held on 14 June2007. The purpose of the EGM is to seek shareholder approval for the ProposedAcquisition and to approve an increase in the Company's authorised share capitaland to approve the allotment of up to 13,888,000 new ordinary shares of 50 penceeach (the "New Mothercare Shares") which are to be issued to the existingshareholders in CSHL as consideration for the Proposed Acquisition. The EGM will be held at 11.00 a.m. on 14 June 2007 at Mothercare plc, CherryTree Road, Watford, Hertfordshire, WD24 6SH. The Company has also published a prospectus (the "Prospectus") in connectionwith the application to the Financial Services Authority and to the London StockExchange respectively for admission of the New Mothercare Shares to the OfficialList of the Financial Services Authority and to the London Stock Exchange's mainmarket for listed securities. Since the Circular incorporates by referencecertain information included in the Prospectus the Company is also posting theProspectus to the Company's shareholders. Copies of the Circular dated 25 May 2007, which contains the notice of the EGM,and the Prospectus dated 25 May 2007 have been submitted to the UK ListingAuthority and will shortly be available for inspection by the public duringnormal business hours any weekday (public holidays excepted) at the UK ListingAuthority's Document Viewing Facility, which is situated at: The Financial Services Authority, 25 The North Colonnade, Canary Wharf, LondonE14 5HS, tel. 020 7066 1000. The Circular and the Prospectus will also be available on the Company's website,www.mothercare.com. For further enquiries, contact: Mothercare: 01923 206 001Ben Gordon, Chief ExecutiveNeil Harrington, Finance Director Citigroup Capital Markets Limited (Financial adviser to Mothercare): 020 7986 4000Ian HartLouise Stonestreet Brunswick (PR adviser to Mothercare): 020 7404 5959Susan GilchristAnna Jones Citigroup Global Markets Limited ("Citi"), which is authorised and regulated inthe UK by the Financial Services Authority, is acting for Mothercare and no oneelse in connection with the Proposed Acquisition and will not regard any otherperson as its client in relation to the Proposed Acquisition and will not beresponsible to anyone other than Mothercare for providing the protectionsafforded to clients of Citi, or for providing advice in relation to the Proposed Acquisition or any transaction or arrangement referred to in thisdocument. This announcement does not constitute or form part of any offer or invitation topurchase, otherwise acquire, subscribe for, sell, otherwise dispose of orissue, or any solicitation of any offer to sell, otherwise dispose of, issue, purchase, otherwise acquire or subscribe for, any security. This information is provided by RNS The company news service from the London Stock Exchange