JKH extends acceptance period
John Keells Holdings PLC (JKH) has decided to extend the Acceptance
Period for the mandatory Offer to purchase all the remaining ordinary
shares of Union Assurance PLC until May 4, 2009 as due to the public
holidays during April 2009, shareholders may not have had sufficient
time to become acquainted with and evaluate the Offer made by JKH along
with the Independent Advisor's Report and the views, comments and advice
of the Board of Directors of Union Assurance PLC. Extending the
Acceptance Period would give all shareholders adequate time to accept
the offer if they so wish.
All other terms and conditions of the Offer will remain unchanged as
per the Offer Document dated March 26.
The Board of Directors of John Keells Holdings PLC on behalf of John
Keells Holdings PLC do hereby declare and confirm that this notification
has been seen and approved by us, and we collectively and individually
accept full responsibility for the accuracy and completeness of the
information given in this notification. |