Basic Terms
- for each LSE Share, 1.4 new OM Shares, valuing each LSE Share at GBP36.15
- representing a 50.6 per cent. premium to LSE’s closing price on Friday
- valuing LSE at GBP1,074 million
- for each LSE Share, GBP20.00 in cash and 0.5 new OM Shares, valuing each LSE Share at GBP32.91
- representing a 37.1 per cent. premium to LSE’s closing price on Friday
- valuing LSE at GBP977 million
- LSE Shareholders may elect to receive cash consideration over and above GBP20.00 by electing for, and subject to the terms of, the Additional Cash Election (summarised on page 23 of OM’s Increased Offer Document)
OM’s Increased Offer to LSE Shareholders is set out in the Increased Offer Document (dated 13 October 2000).
OM’s Increased Offer for LSE remains open for acceptance until 1.00pm on Friday 10 November 2000. Revised Forms of Acceptance should be sent by post or by hand to Capita IRG Plc, New Issues Department, PO Box 166, Bourne House, 34 Beckenham Road, Beckenham, Kent, BR3 4TH or, by hand only (during normal business hours) to Capita IRG Plc, Guildhall House, 81-87 Gresham Street, London EC2.
The price of an OM Share is based on the closing price of SEK370 per OM Share on Friday 3 November 2000 and an exchange rate of SEK14.33 as published in the Financial Times on that date.
