M. P. Evans Group PLC
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION
FOR IMMEDIATE RELEASE
8 December 2016
M.P. Evans Group PLC ("M. P. Evans" or the "Company")
Publication of shareholder circular including notice of general meeting of shareholders (relating to the proposed sale of the group's 36.84% interest in PT Agro Muko and the Company's proposed special dividend of 10p per share) and other documents
Further to its announcement on 6 December 2016, the Board of directors of M.P. Evans announces that the Company has posted a circular to its shareholders relating to the proposed sale of the group's 36.84% interest in PT Agro Muko to Sipef NV for US$100 million and the Company's proposed special dividend of 10p per share (the "Circular"). The Circular includes a notice of general meeting of shareholders which has been convened for 23 December 2016 to approve these proposals.
Copies of the following documents are available on the Company's website at www.mpevans.co.uk:
· the Circular;
· share purchase agreement dated 6 December 2016 relating to the proposed sale of the group's 36.84% interest in PT Agro Muko;
· confirmation letter from Khong & Jaafar Sdn Bhd in relation to its independent valuation report dated 21 November 2016; and
· specimen proxy form relating to the general meeting of the Company.
Enquiries:
M.P. Evans Group PLC
Telephone: +44 1892 516333
Peter Hadsley-Chaplin, Chairman
Tristan Price, Chief Executive
Rothschild (Financial Adviser)
Telephone: +44 207 280 5000
Stuart Vincent
Sam Critchlow
Peel Hunt (NOMAD and Broker)
Telephone: +44 207 418 8900
Dan Webster
Adrian Trimmings
Hudson Sandler
Telephone: +44 207 796 4133
Charlie Jack
Bertie Berger
Responsibility
The Directors accept responsibility for the information contained in this document (including any expressions of opinion) . To the best of the knowledge and belief of the Directors (who have taken all reasonable care to ensure that such is the case), the information contained in this document for which they accept responsibility is in accordance with the facts and does not omit anything likely to affect the import of such information.
Notice concerning financial adviser and nominated adviser
N.M. Rothschild & Sons Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively as financial adviser to the Company and no one else in connection with the offer from Kuala Lumpur Kepong Berhad and will not be responsible to anyone other than the Company for providing the protections offered to its clients or for providing advice in connection with the subject matter of this document.
Peel Hunt LLP ("Peel Hunt"), which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively as nominated adviser to M.P. Evans and no one else in connection with the subject matter of this announcement and will not be responsible to anyone other than M.P. Evans for providing the protections offered to its clients or for providing advice in connection with the subject matter of this announcement or any other matters referred to in this announcement.
Overseas shareholders
The release, distribution or publication of this announcement in jurisdictions other than the United Kingdom may be restricted by law and therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom should inform themselves about and observe any applicable requirements.
Publication on website
A copy of this announcement and the documents referred to above will be made available at www.mpevans.co.uk in accordance with Rule 26 of the Code. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.
