/KASE, December 14, 09/ - EURASIAN NATURAL RESOURCES
CORPORATION PLC (London), common shares of which are listed on the
Kazakhstan Stock Exchange (KASE), provided KASE with a press release dated
December 8, 2009:
Quotation begins
Not for release, publication or distribution in or into Canada, Australia or
Japan or any other jurisdiction where to do the same would constitute a
violation of the relevant laws of such jurisdiction.
London - On 10 November 2009, ENRC announced that its recommended cash
offer ("Offer") to be made by ENRC Africa, to acquire at 20 pence per CAMEC
share, the entire issued and to be issued ordinary share capital of CAMEC which
is not already owned or otherwise contracted to be acquired by ENRC or
members of its group had become unconditional in all respects, and that
the Offer was extended and will remain open until further notice.
Levels of acceptances
As at 1:00 p.m. (London time) on 7 December 2009 (London time), ENRC had
received valid acceptances from eligible CAMEC Shareholders in respect of
1,920,501,124 CAMEC Shares, representing approximately 93.55 per cent. in
nominal value of the CAMEC Shares to which the Offer relates.
Therefore, taking into account the 825,120,595 CAMEC Shares acquired by
ENRC Africa on 17 and 18 September 2009, as at 1:00 pm (London time) on 7
December 2009, ENRC either owned or had received valid acceptances in
respect of 2,745,621,719 CAMEC Shares, representing approximately 95.40 per
cent. of the entire issued share capital of CAMEC.
CAMEC Shareholders can still accept the Offer which remains open until further
notice. CAMEC Shareholders who have not yet accepted the Offer are urged to
do so as soon as possible and should follow the procedures for acceptance of the
Offer set out below.
.
Procedure for acceptance of the Offer
To accept the Offer:
- ALL CAMEC Shareholders who have not yet accepted the Offer and who hold
their CAMEC Shares in certificated form (that is not in CREST), should
complete, sign and return the Form of Acceptance, in accordance with the
instructions contained therein and as set out in the Offer document.
- ALL CAMEC Shareholders who have not yet accepted the Offer and who hold
their CAMEC Shares in certificated form (that is in CREST), should follow the
procedure for electronic acceptance through CREST in accordance with the
instructions set out in the Offer document.
Contact
For further information:
ENRC and CAMEC: Investor Relations
Mounissa Chodieva +44 (0) 20 7389 1879
James S Johnson +44 (0) 20 7389 1862
Marianna Adams +44 (0) 20 7389 1886
ENRC and CAMEC: Corporate Communications
Julia Kalcheva +44 (0) 20 7389 1861
M: Communications +44 (0) 20 7920 2334
(Public Relations advisor to ENRC)
Hugh Morrison +44 (0) 20 7920 2323
Edward Orlebar +44 (0) 20 7920 2339
Elly Williamson
BMO Capital Markets Limited
(Financial Advisor to ENRC)
William Smith +44 (0) 207 664 8120
Derk Hartman +44 (0) 207 664 8125
Robin Birchall +44 (0) 207 664 8122
Ends
The full version of the press release is available at the KASE website at
http://www.kase.kz/files/emitters/GB_ENRC/gbenrc_reliz_081209e.pdf
[2009-12-14]