Brack Capital has been informed by ABN AMRO Bank N.V., who acts as a transfer agent, that approximately 82.7 per cent of the Haslemere Shares have been tendered to Brack Capital.
Brack Capital has made an offer for all of the issued and outstanding shares in the capital of Haslemere N.V. Reference is made to the offer document that was made available on 28 March 2002. The period in which shareholders of Haslemere N.V. could tender their shares lapsed on Friday 26 April 2002 at 15.00 hours Central European Time, subject to an extension by Brack Capital.
Brack Capitalâ€™s offer is subject to various conditions that are set out in the offer document of 28 March 2002. Brack Capital will announce whether or not it will honour the offer not later than Friday, 3 May 2002.
(source: Brack Capital)