Restore Regulatory News (RST)

18 Sep 2006 08:34

Eurotech S.p.A18 September 2006 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO ORFROM AUSTRALIA, CANADA OR JAPAN PRESS ANNOUNCEMENT FOR IMMEDIATE RELEASE 18 September 2006 CASH OFFER FOR RADSTONE TECHNOLOGY PLC ("RADSTONE") BY E-TECH UK LIMITED("E-TECH") (A WHOLLY OWNED SUBSIDIARY OF EUROTECH S.p.A. ("EUROTECH")) (THE"CASH OFFER") OFFER UPDATE The Board of Eurotech has noted the announcement earlier this morning of anoffer for Radstone of 410 pence per Radstone Share made by GE Fanuc EmbeddedSystems, Inc. In light of this announcement, the Board of Eurotech is considering itsposition. A further announcement will be made in due course. Terms used in this announcement shall have the meaning given to them in theoffer announcement dated 30 August 2006. Enquiries: Eurotech/E-tech Tel: +44 (0)20 7861 3232Roberto SiagriMassimo Mauri Hawkpoint Tel: +44 (0)20 7665 4500(financial adviser to Eurotech and E-tech)Paul BainesGraham PatonEdward Arkus Panmure Gordon Tel: +44 (0)20 7459 3600(broker to Eurotech and E-tech)Dominic Morley Bell Pottinger Tel: +44 (0)20 7861 3232(PR adviser to Eurotech and E-tech)Stephen BenzikieOlly Scott Hawkpoint, which is authorised and regulated in the United Kingdom by theFinancial Services Authority, is acting exclusively for Eurotech and E-tech andno one else in connection with the Cash Offer and will not be responsible toanyone other than Eurotech or E-tech for providing the protections afforded toits customers or for providing advice in relation to the Cash Offer or inrelation to the contents of this announcement or any transaction or arrangementreferred to herein. Panmure Gordon, which is authorised and regulated in the United Kingdom by theFinancial Services Authority, is acting exclusively for Eurotech and E-tech andno one else in connection with the Cash Offer and will not be responsible toanyone other than Eurotech or E-tech for providing the protections afforded toits customers or for providing advice in relation to the Cash Offer or inrelation to the contents of this announcement or any transaction or arrangementreferred to herein. This announcement is not intended to and does not constitute, or form any partof, a Cash Offer or an invitation to purchase any securities or the solicitationof any vote or approval in any jurisdiction pursuant to the Cash Offer orotherwise. The Cash Offer has been made solely through the Offer Document andthe Form of Acceptance, which together contain the full terms and conditions ofthe Cash Offer, including details of how to accept the Cash Offer. Anyacceptance or other response to the Cash Offer should be made only on the basisof the information contained in the Offer Document and the Form of Acceptance.The laws of relevant jurisdictions may affect the availability of the Cash Offerto persons not resident in the United Kingdom. Persons who are not resident inthe United Kingdom, or who are subject to the laws of any jurisdiction otherthan the United Kingdom, should inform themselves about and observe anyapplicable legal and regulatory requirements. The Offer Document has also beenposted on Eurotech's website. This information is provided by RNS The company news service from the London Stock Exchange