Offer Update
July 15 2008 - 4:07AM
UK Regulatory
RNS Number : 0738Z
Compagnie de Saint-Gobain
15 July 2008
THIS NOTICE IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART IN, INTO OR FROM UNITED STATES, CANADA, AUSTRALIA OR
JAPAN OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO.
15 July 2008
Recommended Cash Offer
for
Gibbs and Dandy plc
by
Saint-Gobain Building Distribution Limited
(a wholly-owned subsidiary of Compagnie de Saint-Gobain)
Compulsory acquisition of outstanding Gibbs and Dandy Shares
On 1 July 2008, Saint-Gobain Building Distribution Limited ("SGBD"), a wholly-owned subsidiary of Compagnie de Saint-Gobain
("Saint-Gobain"), announced that the recommended cash Offer to acquire Gibbs and Dandy plc ("Gibbs and Dandy") had been declared
unconditional in all respects.
As at 1.00 p.m. on 19 June 2008 SGBD held, or had received valid acceptances in respect of over 90 per cent. in value and over 90 per
cent. in voting rights of Gibbs and Dandy.
Consequently, SGBD has implemented the procedure under Chapter 3 of Part 28 of the Companies Act 2006 to acquire compulsorily all of
the outstanding Gibbs and Dandy Shares to which the Offer relates and which it does not already hold or has not already acquired, contracted
to acquire or in respect of which it has not already received valid acceptances.
The Offer, as set out in the Offer Document, will remain open for acceptance until further notice.
Certain terms used in this announcement are defined in the Offer Document.
Enquiries:
Compagnie de Saint-Gobain
Investor Relations Department :
Mrs Florence Triou-Teixeira +33 1 47 62 45 19
Mr Alexandre Etuy +33 1 47 62 37 15
Mr Vivien Dardel +33 1 47 62 44 29
Media:
Sophie Chevallon +33 1 47 62 30 48
Gleacher Shacklock +44 207 484 1150
Kieran Murphy
This information is provided by RNS
The company news service from the London Stock Exchange
END
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