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Post by Macmoish on Dec 3, 2010 7:56:16 GMT
CHARLTON OFFICIAL SITEMurray accepts takeover offer Posted on: Thu 02 Dec 2010 Matt Wright reports Baton 2010 Limited has accepted an indicative and legally binding offer for the acquisition of Baton 2010, Charlton Athletic Football Company Limited and Charlton Athletic Holdings Limited from an investor group represented by former Addicks chief executive Peter Varney, Charlton chairman Richard Murray announced on Thursday afternoon. The investor group is currently undertaking full legal and financial due diligence. Subject to the investor group being satisfied with the outcome of this due diligence, it is anticipated that completion of the acquisition will take place no later than December 24th. The club will make a further announcement in due course, but there will be no other comment until that time. Murray took sole control of the club through Baton 2010, a company controlled by Murray and his family, in August. www.cafctv.co.uk/page/NewsDetail/0,,10267~2235593,00.html
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Post by Macmoish on Dec 3, 2010 7:56:37 GMT
Watford Official Site
WATFORD LEISURE PLC STATEMENT Fri 03 Dec 2010 Watford Leisure PLC ("Watford Leisure" or the "Company") Statement re: Recent Media SpeculationThe Board of Watford Leisure notes recent media speculation referencing discussions between the largest shareholder in the Company and a potential buyer of his shares, which acquisition would then require an offer to be made for the Company, and confirms that it is aware of such discussions but they are at a very early stage and there can be no certainty that an offer for the Company will be forthcoming. A further announcement will be made in due course. In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the "Code"), Watford Leisure confirms that it currently has 43,885,693 ordinary shares of 1 pence each in issue and admitted to trading on the London Stock Exchange under the ISIN reference GB0034301217. Enquiries: Watford Leisure PLC Tel: 01923 496 000 Graham Taylor, Chairman Julian Winter, Chief Executive Officer Strand Hanson Limited Tel: 020 7409 3494 Rory Murphy / Matthew Chandler Disclosure Requirements of the Code: Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of Watford Leisure or of any paper offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any paper offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) Watford Leisure and (ii) any paper offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 p.m. (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 p.m. (London time) on the 10th business day following the announcement in which any paper offeror is first identified. Relevant persons who deal in the relevant securities of Watford Leisure or of a paper offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure. Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of Watford Leisure or of any paper offeror must make a Dealing Disclosure if the person deals in any relevant securities of Watford Leisure or of any paper offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) Watford Leisure and (ii) any paper offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 p.m. (London time) on the business day following the date of the relevant dealing. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of Watford Leisure or a paper offeror, they will be deemed to be a single person for the purpose of Rule 8.3. Opening Position Disclosures must also be made by Watford Leisure and by any offeror and Dealing Disclosures must also be made by Watford Leisure, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4). Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. If you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure, you should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129. www.watfordfc.com/page/companydetails/0,,10400~2236005,00.html
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