KMD
02/09/2015 16:39
TAKEOVER
NOT PRICE SENSITIVE
REL: 1639 HRS Kathmandu Holdings Limited
TAKEOVER: KMD: Briscoe Group affirms its commitment to the Kathmandu offer
BRISCOE GROUP AFFIRMS ITS COMMITMENT TO THE KATHMANDU OFFER - NO PRICE
INCREASE OR EXTENSION
Briscoe Group Limited (Briscoe Group) affirms its commitment to the takeover
offer for Kathmandu Holdings Limited (Kathmandu), on the terms set out in the
offer document dated 22 July 2015.
Briscoe Group will not be increasing the offer price, nor will it extend the
offer period unless the offer becomes unconditional as to level of
acceptances. The offer closing date will remain as 17 September 2015.
Briscoe Group will only be permitted to extend this date if the offer is
unconditional as to level of acceptances.
Briscoe Group considers that its offer price is attractive, and sees no
reason to increase it. It encourages all Kathmandu shareholders to lodge
their acceptances as soon as possible.
Briscoe Group also confirms that its half year results announcement will be
made on 14 September 2015.
Dame Rosanne Meo
Chairman
On behalf of the Board
For inquiries please contact:
Geoff Senescall
Senescall Akers Limited
+64 21 481 234
End CA:00269544 For:KMD Type:TAKEOVER Time:2015-09-02 16:39:46
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