Bss Group Plc Recommended Cash And Shares -19-

5th Jul 2010 07:00

| | the BSS Group, or any part of the same which is material | | | in the context of the BSS Group or the Acquisition, (iii) | | | a merger, acquisition or other business combination, | | | scheme of arrangement, exchange offer or liquidation | | | involving BSS or all or substantially all of the business | | | of the BSS Group, (iv) any other arrangement or series of | | | arrangements which would, if implemented, result in a | | | change of control of BSS, or (v) any other transaction | | | having a similar effect, the consummation of which could | | | be reasonably expected to prevent, impede, interfere with | | | or delay the Acquisition, in each case which is not | | | proposed by BSS, or any party acting in concert with BSS, | | | and howsoever it is proposed that such proposal or | | | possible proposal be implemented | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Conditions" | the conditions to the Acquisition and the Scheme set out | | | in Appendix I of this announcement | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Court" | the High Court of Justice in England and Wales | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Court Hearings" | the two separate hearings by the Court of the claim form | | | to sanction the Scheme and the Capital Reduction Hearing | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Court Orders" | the Scheme Court Order and the Reduction Court Order | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Credit Suisse" | Credit Suisse Securities (Europe) Limited | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "CREST" | the system for the paperless settlement of trades in | | | securities and the holding of uncertificated securities | | | operated by Euroclear in accordance with the | | | Uncertificated Securities Regulations 2001 | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Disclosed" | in relation to: | | | | +---------------------------+--------------------------------------------------------------+ | | (i) | the Conditions (other than in relation to | | | | the BSS Protection Conditions), | | | | information disclosed: (i) in the annual | | | | report and accounts of BSS for the | | | | financial year ended 31 March 2010; (ii) | | | | in this announcement; (iii) in any other | | | | announcement made to a Regulatory | | | | Information Service by or on behalf of BSS | | | | prior to this announcement; or (iv) fairly | | | | to Travis Perkins or its advisers by BSS | | | | or its advisers prior to this | | | | announcement; or | | | | | +---------------------------+-----------------+--------------------------------------------+ | | (ii) | the BSS Protection Conditions, information | | | | disclosed: (i) in the annual report and | | | | accounts of Travis Perkins for the | | | | financial year ended 31 December 2009; | | | | (ii) in this announcement; (iii) in any | | | | other announcement made to a Regulatory | | | | Information Service by or on behalf of | | | | Travis Perkins prior to this announcement; | | | | or (iv) fairly to BSS or its advisers by | | | | Travis Perkins or its advisers prior to | | | | this announcement | +---------------------------+-----------------+--------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Effective" | in the context of the Acquisition: | | | | +---------------------------+--------------------------------------------------------------+ | | (i) | if the Acquisition is implemented by way of the | | | | Scheme, the Scheme having become effective pursuant | | | | to its terms; or | +---------------------------+------+-------------------------------------------------------+ | | (ii) | if the Acquisition is implemented by way of an Offer, | | | | such Offer having been declared or become | | | | unconditional in all respects in accordance with its | | | | terms | +---------------------------+------+-------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Effective Date" | the date on which the Acquisition becomes Effective | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Enlarged Group" | the Travis Perkins Group (including the BSS Group) | | | following the Effective Date | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Euroclear" | Euroclear UK & Ireland Limited | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "FSMA" | Financial Services and Markets Act 2000 (as amended) | (MORE TO FOLLOW) Dow Jones Newswires July 05, 2010 02:00 ET (06:00 GMT)