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Offer Documents sent out tonight


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FOR IMMEDIATE RELEASE

 

 

 

Recommended Cash Offer

 

by

 

St James Holdings Limited

 

for

 

Newcastle United PLC

 

 

 

Further to the announcement this morning by St James Holdings Limited ("SJHL") regarding the recommended cash offer by SJHL for all of the issued and to be issued share capital of Newcastle United PLC, SJHL is pleased to announce that the Offer Document and the Form of Acceptance have today been posted to Newcastle United shareholders.

 

 

 

Copies of the Offer Document and the Form of Acceptance will be available for inspection during normal business hours on any business day at the offices of Freshfields Bruckhaus Deringer at 65 Fleet Street, London EC4Y 1HS while the offer remains open for acceptance.

 

As set out in the Offer Document, acceptances of the Offer should be received by no later than 1.00p.m. (London time) on 28 June 2007.

 

Capitalised terms used, but not defined, in this announcement have the same meaning as given to them in the Offer Document.

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My brother got his, it's packed with the last two annual reports and statements from both Ashley and Shepherd.

 

Thanks for the feedback. Looks like official Stock exchange announcemnets are being made by SJHL now after friday's large share trades.

 

Wouldn't suprise me if Ashely's now over the 75% mark. Just got to wait for conformation that he's gained full control.

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Finally got the offer package today. One interesting piece on page 46 about the directors' service contracts is that Shepherd and Hall are no longer entitled to a bonus. Explains why they have not had one for the last 2 years (at least) but would like to know why this was brought in.

 

Maybe they have always had the club's interest to heart after all!! :lol:

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