EU Merger Approval Received
03 Dezembro 2003 - 4:27PM
UK Regulatory
RNS Number:8443S
First Active PLC
03 December 2003
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR
FROM UNITED STATES, AUSTRALIA, CANADA OR JAPAN
First Active plc
3 December 2003
Recommended Acquisition of First Active plc by Ulster Bank Limited, a
wholly-owned subsidiary of The Royal Bank of Scotland Group plc
by means of a Scheme of Arrangement under Section 201 of the Companies Act, 1963
of Ireland
EU Merger approval received
First Active plc ('First Active' or the 'Company') announces that The European
Commission has decided not to oppose the Acquisition of the Company by Ulster
Bank Limited and has declared it compatible with the common market and with the
EEA Agreement.
Responsibility Statement
The directors of First Active accept responsibility for the information
contained in this announcement. To the best of the knowledge and belief of the
directors of First Active, the information contained in this announcement is in
accordance with the facts and does not omit anything likely to affect the import
of such information.
The directors of RBS accept responsibility for the information contained in this
announcement insofar as it relates to members of the RBS Group. To the best of
the knowledge and belief of the directors of RBS, the information contained in
this announcement for which they accept responsibility is in accordance with the
facts and does not omit anything likely to affect the import of such
information.
JPMorgan and Davy Corporate Finance are acting for First Active and no-one else
in connection with the Acquisition and will not be responsible to anyone other
than First Active for providing the protections afforded to clients of JPMorgan
and Davy Corporate Finance or for providing advice in relation to the
Acquisition.
Merrill Lynch is acting for RBS and no-one else in connection with the
Acquisition and will not be responsible to anyone other than RBS for providing
the protections afforded to clients of Merrill Lynch or for providing advice in
relation to the Acquisition.
Terms defined in the Scheme Circular have the same meaning in this announcement.
Enquiries:
JPMORGAN Telephone: +44 20 7742 4000
Terence Eccles
Alexander Justham
DAVY CORPORATE FINANCE Telephone: +353 1 679 6363
Hugh McCutcheon
Eugenee Mulhern
GIBNEY COMMUNICATIONS Telephone: +353 1 661 0402
(PR Advisers to First Active)
Ita Gibney
Jamie Kennedy
THE ROYAL BANK OF SCOTLAND
Howard Moody (Press Enquiries) Telephone: +44 131 523 2056
Richard O'Connor (Investor Relations) Telephone: +44 20 7672 1758
MERRILL LYNCH Telephone: +44 20 7628 1000
Matthew Greenburgh
Henrietta Baldock
END
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The company news service from the London Stock Exchange
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