PAM.L Regulatory News (PAM)

20 Jul 2007 16:34

Harvard Bidco20 July 2007 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTOTHE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR ANY JURISDICTION WHERE TO DOSO WOULD CONSTITUTE VIOLATION OF THE RELEVANT LAWS IN SUCH JURISDICTION 20 July 2007 Recommended Final* Cash Offer for the entire issued and to be issued share capital of Premier Asset Management plc ("Premier") by Harvard Bidco Limited ("Harvard Bidco") Offer Document Posted Further to the announcement on 16 July 2007 by Harvard Bidco of the recommendedFinal Offer for Premier at a price of 285 pence per Premier Share, Harvard Bidcoannounces that the Offer Document has been published and is being posted toPremier Shareholders today. To accept the Final Offer in respect of Premier Shares held in certificated form(that is, not in CREST), Premier Shareholders should complete, sign and returnthe Form of Acceptance (which has been posted to Premier Shareholders along withthe Offer Document) in accordance with the instructions thereon and theinstructions in the Offer Document as soon as possible and, in any event, so asto be received by Capita Registrars by no later than 1.00 p.m. London time on 10August 2007. To accept the Final Offer in respect of Premier Shares held in uncertificatedform (that is, in CREST), Premier Shareholders should ensure that a TTEinstruction is made by them or on their behalf to accept the Final Offer inaccordance with the instructions for settlement in the Offer Document, so thatthe TTE instruction settles by no later than 1.00 p.m. London time on 10 August2007. Copies of the Offer Document and the Form of Acceptance will be available forinspection and collection during normal business hours on any weekday(Saturdays, Sundays and public holidays excepted) from Capita Registrars,Corporate Actions, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TUuntil the end of the Offer Period. Capitalised terms used, but not defined, in this announcement have the samemeaning as given to them in the Offer Document. *Harvard Bidco reserves the right to increase or otherwise amend the Final Offershould a competitive situation arise. Enquiries: Harvard Bidco Telephone: +44 (0)1483 400 402Mike O'Shea Numis (financial adviser to Harvard Bidco) Telephone: +44 (0)20 7260 1000Lee Aston, Corporate FinanceChris Wilkinson, Corporate Broking Investor Relations Telephone: +44 (0)20 7758 2230Jo Stonier and Eleanor Mitchell of Quill Communications Premier Telephone: +44 (0)7778 213 337Roger Wood Altium (financial adviser to Premier) Telephone: +44 (0)20 7484 4040Ben ThorneNick Tulloch Electra Partners LLP Telephone: +44 (0)20 7153 1530Nick Miles of M:Communications Numis, which is authorised and regulated in the United Kingdom by the FSA, isacting exclusively for Harvard Bidco and no one else in connection with theFinal Offer and will not be responsible to anyone other than Harvard Bidco forproviding the protections afforded to clients of Numis nor for giving advice inrelation to the Final Offer or any matter or arrangement referred to in thisannouncement. Altium, which is authorised and regulated in the United Kingdom by the FSA, isacting exclusively for Premier in connection with the Final Offer and for no oneelse in connection with the Final Offer and will not be responsible to anyoneother than Premier for providing the protections afforded to clients of Altiumor for giving advice in relation to the Final Offer or any matter or arrangementreferred to in this announcement. The Final Offer is subject to the applicable rules and regulations of the FSA,AIM, the London Stock Exchange and the Takeover Code. The distribution of this announcement in jurisdictions other than the UnitedKingdom and the availability of the Final Offer to Premier Shareholders who arenot resident in and citizens of the United Kingdom may be affected by the lawsof relevant jurisdictions in which they are located or of which they arecitizens. Therefore any persons who are subject to the laws of any jurisdictionother than the United Kingdom or Premier Shareholders who are not resident in orcitizens of the United Kingdom should inform themselves of, and observe, anyapplicable legal or regulatory requirements of the relevant jurisdiction The Final Offer is not being, and will not be, made, directly or indirectly, inor into or by the use of the mails of, or by any other means or instrumentality(including, without limitation, electronic mail, facsimile transmission, telex,telephone, internet or other forms of electronic communication) of interstate orforeign commerce of, or any facility of a national state or other securitiesexchange of any Restricted Jurisdiction and will not be capable of acceptance byany such use, means, instrumentality or facility or from within any RestrictedJurisdiction. Accordingly, copies of the announcement and the Offer Document are not being,and must not be, directly or indirectly, mailed, transmitted or otherwiseforwarded, distributed or sent in, into or from any Restricted Jurisdiction andpersons receiving this announcement (including, without limitation, custodians,nominees and trustees) or the Offer Document should observe these restrictionsand must not mail or otherwise forward, distribute or send it in, into or fromsuch jurisdiction. Any person (including, without limitation, any custodian,nominee and trustee) who would, or otherwise intends to, or who may have acontractual or legal obligation to, forward this announcement and/or the OfferDocument and/or any other related document to any jurisdiction outside theUnited Kingdom should inform themselves of, and observe, any applicable legal orregulatory requirements of the relevant jurisdiction. This information is provided by RNS The company news service from the London Stock Exchange