SYDNEY, AUSTRALIA: SAI Global Limited (ASX: SAI). As SAI’s takeover offer for all of the shares in Espreon Limited is unconditional, SAI will commence issuing SAI shares to Espreon shareholders who accepted on or before 27 February 2009, in satisfaction of its payment obligations, by 9 March 2009.
Espreon shareholders are reminded that, once they have accepted SAI’s takeover offer, they are not able to withdraw their acceptance. SAI intends to issue SAI shares to shareholders who accept the takeover offer on or after 2 March 2009 within 5 business days of receipt of a valid acceptance and any additional documents which are required in accordance with the terms of the acceptance form.
SAI’s offer remains open for acceptances until 7.00pm Sydney time on 11 March 2009 (unless extended in accordance with its terms).
For additional information, please contact:
Tony Scotton
Chief Executive Officer
Tel: +61 2 8206 6182
Mobile: +61 2 419 527 592
Email: tony.scotton@saiglobal.com
Geoff Richardson
Chief Financial Officer
Tel: +61 2 8206 6805
Mobile: +61 429 314 698
Email: geoff.richardson@saiglobal.com
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