Bss Group Plc Recommended Cash And Shares -20-

5th Jul 2010 07:00

+---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Hogarth" | Hogarth Partnership | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "HSBC" | HSBC Bank plc | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Implementation | the agreement dated 4 July 2010 between Travis Perkins and | | Agreement" | BSS in relation to the implementation of the Acquisition | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Interim Dividend" | the interim dividend of 5 pence per Travis Perkins Share | | | in respect of the period to 30 June 2010, recommended by | | | the Travis Perkins Directors with the intention that it | | | will be paid, in the absence of unforeseen circumstances, | | | in November 2010; | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Lazard" | Lazard & Co., Limited | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "LIBOR" | means the rate of interest determined by Travis Perkins on | | | the basis of the average (rounded down where necessary to | | | the nearest whole multiple of one-sixteenth of 1.0 per | | | cent.) of the respective middle market rates per annum at | | | which any two London clearing banks selected by Travis | | | Perkins are prepared to offer six month Sterling deposits | | | of GBP1,000,000 to leading banks in the London inter-bank | | | market at or about 11.00 a.m. (London time) on the first | | | Business Day of the relevant interest period and a | | | certificate in writing, under the hand of a duly | | | authorised official of Travis Perkins, shall be conclusive | | | evidence of that rate; | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Listing Rules" | the rules and regulations made by the UKLA under FSMA and | | | contained in the UKLA's publication of the same name, as | | | amended from time to time | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Loan Note Alternative" | the option whereby BSS Shareholders (other than certain | | | Overseas Persons) may elect to receive Loan Notes instead | | | of some or all of the cash consideration to which they | | | would otherwise be entitled under the Acquisition, | | | including under the Mix and Match Facility | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Loan Notes" | the floating rate loan notes of Travis Perkins issued | | | pursuant to the Loan Note Alternative | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "London Stock Exchange" | London Stock Exchange plc, together with any successors | | | thereto | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Long Stop Date" | 31 December 2010 | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Meetings" | the Scheme Meeting and the BSS General Meeting | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Mix and Match Facility" | the mix and match facility under which BSS Shareholders | | | (other than certain Overseas Persons) may, subject to | | | availability elect to vary the proportion of New Travis | | | Perkins Shares and cash they will receive under the Scheme | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "New Travis Perkins | the Travis Perkins Shares proposed to be issued and | | Shares" | credited as fully paid pursuant to the Scheme | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Nomura" | Nomura International plc | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Offer" | a takeover offer as that term is defined in section 974 of | | | the Companies Act 2006 | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Offer Document" | should the Acquisition be implemented by means of an | | | Offer, the document to be sent to BSS Shareholders which | | | will contain, inter alia, the terms and conditions of the | | | Offer | +---------------------------+--------------------------------------------------------------+ | | | +---------------------------+--------------------------------------------------------------+ | "Official List" | the official list maintained by the UKLA | +---------------------------+--------------------------------------------------------------+ (MORE TO FOLLOW) Dow Jones Newswires July 05, 2010 02:00 ET (06:00 GMT)