Active Imaging PLC - Offer Acceptances/Extended
December 16 1997 - 2:30AM
UK Regulatory
RNS No 7119v
ACTIVE IMAGING PLC
16th December 1997
SILVERMINES GROUP PLC ("Silvermines" or "the
Company")
Recommended Offers ("the Offers")
for
ACTIVE IMAGING plc ("Active Imaging")
Offers declared Unconditional as to Acceptances
As at 3.00 p.m. yesterday, Monday 15th December 1997,
the first closing date of the Offers, acceptances
under the Offers had been received as follows:
Active Imaging 36,649,191 ordinary shares,
Ordinary Share representing 88.90% of the issued
Offer ordinary share capital of Active
Imaging
(of which 10,723,062 ordinary
shares were in respect of persons
who had signed irrevocable
undertakings to accept the Active
Imaging Ordinary Share Offer and
12,500 Ordinary Shares were in
respect of parties deemed to be
acting in concert with Active
Imaging)
Active Imaging 166,660 'A' preference shares,
'A' Preference representing 50% of the issued
Share Offer 'A' preference share capital of
Active Imaging
(all of which were in respect of
persons who had signed
irrevocable undertakings to
accept the Active Imaging 'A'
Preference Share Offer)
Active Imaging 1,026,667 'B' preference shares,
'B' Preference representing 97.78% of the issued
Share Offer 'B' preference share capital of
Active Imaging
(of which 46,667 'B' preference
shares were in respect of persons
who had signed irrevocable
undertakings to accept the Active
Imaging 'B' Preference Share
Offer)
The offer period for the Offers commenced on 24th
November 1997. Save for 9,000 Active Imaging
Ordinary Shares held by Greig Middleton & Co. Limited
on behalf of discretionary clients, neither
Silvermines nor any parties deemed to be acting in
concert with it held any Active Imaging shares prior
to the offer period. During the offer period, Greig
Middleton & Co. Limited acquired 3,500 Active Imaging
Ordinary Shares on behalf of discretionary clients of
it. Save as aforesaid, neither Silvermines nor any
party deemed to be acting in concert with it has
acquired or agreed to acquire any shares in Active
Imaging since the commencement of the offer period
for Active Imaging.
The Offers have been declared unconditional as to
acceptances. The Offers have been extended until
3.00 p.m. on Wednesday 14 January 1998.
END
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