Cable & Wireless offer for THUS
On 11 November 2008 the Board of C&W Holdco announced that it is implementing the compulsory acquisition procedure. As a result formal notices together with new Forms of Acceptance have been posted to all THUS Shareholders who have not yet accepted the Offer. Shareholders are encouraged to complete and return the Forms of Acceptance as soon as possible. If you hold your shares in uncertificated form (that is, in Crest) you are encouraged to accept the Offer by TTE Instruction as soon as possible.
The Offer remains open for acceptance until 1.00pm (London time) on 23 December 2008.
If you have questions regarding the Cable & Wireless Offer to acquire your shares in THUS please contact our registrars (Equiniti) on 0871 384 2908, or on +44 121 415 0285 if calling from outside the UK (lines are open from 9am-5pm Monday to Friday).
Answers to Frequently Asked Questions (FAQs) from Shareholders can be obtained by clicking here
11 November 2008
CASH OFFER OF 180 PENCE PER SHARE FOR THUS GROUP PLC BY CABLE & WIRELESS HOLDCO LIMITED, A WHOLLY OWNED SUBSIDIARY OF CABLE AND WIRELESS PLC
On 30 June 2008, the Boards of Cable and Wireless plc (Cable & Wireless) and THUS Group plc (THUS) announced the terms of a cash offer to be made by Cable & Wireless Holdco Limited, a wholly owned subsidiary of Cable and Wireless plc, to acquire the entire issued and to be issued share capital of THUS (the Offer). A copy of the Offer announcement (the Announcement) is available through the link below.
On 14 July 2008, Cable & Wireless posted the offer document (the Offer Document) setting out the Offer. A copy of the Offer Document is available through the link below.
On 13 August 2008, Cable & Wireless announced the level of acceptances and extension of the Offer. A copy of this announcement is available through the link below.
On 27 August 2008, Cable & Wireless announced the level of acceptances at the second closing date and a further extension of the Offer to 1.00pm (London time) on 9 September 2008. A copy of this announcement is available through the link below.
On 29 August 2008, the Board of THUS recommended that shareholders accept the Offer. A copy of this announcement, and the letter sent to shareholders, is available through the link below.
On 10 September 2008,Cable & Wireless announced the level of acceptances at the third closing date and a further extension of the Offer to 1.00pm (London time) on 30 September 2008. A copy of this announcement is available through the link below.
On 12 September 2008, the Office of Fair Trading cleared the proposed acquisition of THUS by Cable & Wireless. The full text of the OFT decision published on 23 September 2008 is available through the link below.
On 19 September 2008, Cable & Wireless declared the Offer unconditional as to acceptances. The Offer will remain open for acceptance until further notice. Cable & Wireless expects to declare the Offer unconditional in all respects on 1 October 2008. A copy of this announcement is available through the link below.
On 1 October 2008, Cable & Wireless declared the Offer unconditional in all respects. The Offer remains open until further notice and at least 14 days' notice will be given in Cable & Wireless decides to close the Offer. A copy of this announcement is available through the link below.
On 2 October 2008, THUS Group plc announced that it had applied to the United Kingdom Listing Authority for the cancellation of listing on the Official List and of admission to trading on the London Stock Exchange of THUS' ordinary shares. A copy of this announcement is available through the link below.
On 2 October 2008, THUS Group plc announced the appointment and resignation of a number of Directors. A copy of this announcement is available through the link below.
On 30 October 2008, THUS' shares were cancelled from listing on the Official List and from trading on the London Stock Exchange.
On 11 November 2008, the Board of C&W Holdco announced that it is implementing the compulsory acquisition procedure. A copy of this announcement and the communications sent to shareholders is available through the link below.
NOTICE
Please read this notice carefully - it applies to all persons who view this site. Please note that the disclaimer set out below may be altered or updated. You should read it in full each time you visit the site. Nothing on this website constitutes investment advice.
Non-UK Shareholders
The information that you have requested cannot be made available to residents in certain countries. Certain jurisdictions may restrict the release, publication or distribution of certain information relating to the Offer. Any person resident outside the UK or who is subject to the laws of any jurisdiction other than the UK who wishes to view this area of the website must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict them from doing so and should inform themselves about and observe any applicable restrictions. Failure to comply with any such restrictions may constitute a violation of the securities laws of any such jurisdiction.
The Offer is not being made, directly or indirectly, in or into any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. Copies of the Announcement, Offer Document or the form of acceptance and any accompanying document are not being, and must not be, directly or indirectly, mailed or otherwise forwarded, distributed or sent in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction and persons receiving the Offer Document and the form of acceptance (including custodians, nominees and trustees) must not mail or otherwise distribute or send it in, into or from such jurisdictions as doing so may invalidate any purported acceptance of the Offer.
Responsibility
Announcement:
The directors of THUS accept responsibility for the information contained in paragraph 4 (“THUS’ response to the Offer”) and paragraph 5 (“Information on THUS”) of the Announcement. To the best of the knowledge and belief of the directors of THUS (who have taken all reasonable care to ensure that such is the case), the information contained in these paragraphs of the Announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.
Except as described below, the directors of Cable & Wireless accept responsibility for the information contained in the Announcement other than that for which responsibility is accepted by directors of THUS (as set out above). Subject to the above, to the best of the knowledge and belief of the directors of Cable & Wireless (who have taken all reasonable care to ensure that such is the case) the information contained in the Announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.
Offer Document:
The directors of THUS, whose names are set out in paragraph 2(c) of Appendix 3 to the Offer Document, accept responsibility for the information in those sections of the Offer Document listed under paragraph 1(b) of Appendix 3 to the Offer Document (the THUS Information). To the best of the knowledge and belief of the directors of THUS (who have taken all reasonable care to ensure that such is the case), the THUS Information is in accordance with the facts and does not omit anything likely to affect the import of such information.
The directors of Cable & Wireless and Cable & Wireless Holdco Limited, whose names are set out in paragraphs 2(a) and 2(b) of Appendix 3 to the Offer Document, accept responsibility for the information contained in the Offer Document, save that (i) the only responsibility accepted by the Cable & Wireless directors in respect of the information contained in Appendix 2 (Financial information relating to THUS) to the Offer Document is to ensure that the information is correctly and fairly reproduced and represented and (ii) no responsibility is accepted for the THUS Information. To the best of the knowledge and belief of the Cable & Wireless directors and the Cable & Wireless Holdco Limited directors (who have taken all reasonable care to ensure that such is the case), the information contained in the Offer Document for which they accept responsibility (save as described in this paragraph) is in accordance with the facts and does not omit anything likely to affect the import of such information.
Other information:
The directors of Cable & Wireless, Cable & Wireless Holdco Limited and THUS are responsible in the terms set out above solely for the information contained in the Offer related information accessible in this area of the website, and not for any other information on the website which you may visit on leaving this area of the site.
Acceptance of Disclaimer
By clicking Continue you hereby acknowledge that you have read and understood the notice set out above and that you agree to be bound by its terms.
