Return of Value - Purchase Offer for B Shares

February 23, 2015 at 3:00 AM EST
RNS Number : 5413F
Computacenter PLC
23 February 2015
 



 

This document should not be transmitted, distributed or released in or into any jurisdiction in which such an act would constitute a violation of the relevant laws of such jurisdiction.

 

Computacenter plc

 

RETURN OF VALUE

 

PURCHASE OFFER FOR B SHARES

 

 

Investec Bank plc has agreed with Computacenter plc to make the Purchase Offer in accordance with the circular to Shareholders dated 2 February 2015 (the "Circular").

 

Investec Bank plc hereby makes the Purchase Offer, acting as principal, to purchase the 98,577,321 B Shares in respect of which valid elections to accept the Purchase Offer have been received. Accordingly such offer is to purchase those B Shares for 71.9 pence each on the terms set out in the Circular.

 

Cheques and sale advices are expected to be despatched and assured payments made through CREST by 10 March 2015 in respect of B Shares purchased under the Purchase Offer.

 

All definitions used in the Circular apply to this announcement. To view the Circular, please visit the Group's website at www.computacenter.com.

 

Investec Bank plc, which is authorised in the United Kingdom by the Prudential Regulation Authority and regulated in the United Kingdom by the Prudential Regulation Authority and the Financial Conduct Authority, is acting as financial adviser and corporate broker to Computacenter and is acting for no-one else in connection with the Return of Value, and will not be responsible to anyone other than Computacenter for providing the protections afforded to customers of Investec Bank plc nor for providing advice to any other person in relation to the Return of Value.

 

Enquiries:

Computacenter plc:

01707 637 000

Mike Norris, CEO

Tony Conophy, CFO

Investec Bank plc:

020 7597 4000

Patrick Robb

Carlton Nelson

Tulchan Communications:

0207 353 4200

James Macey White

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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