Aegis Group PLC AGS OFFER UPDATE - ANTITRUST CONDITIONS

  Aegis Group PLC (AGS) - OFFER UPDATE - ANTITRUST CONDITIONS

RNS Number : 3764Q
Aegis Group PLC
06 November 2012




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 OF SUCH JURISDICTION



FOR IMMEDIATE RELEASE

6 November 2012



                            Recommended cash offer

                                     for

                               Aegis Group plc

                                      by

                                 Dentsu Inc.





OFFER UPDATE - ANTITRUST CONDITIONS





Dentsu and  Aegis  are  pleased  to announce  that  all  antitrust  clearances 
identified in  Part A  of Part  Three of  the Scheme  Document have  now  been 
obtained, with the exception of clearance from the Ministry of Commerce of the
People's Republic of China ("MOFCOM") pursuant to the Anti-Monopoly Law of the
People's Republic of China (the "Anti-Monopoly Law").



Dentsu and Aegis remain in constructive  dialogue with MOFCOM with respect  to 
acceptance of the filing required pursuant to the Anti-Monopoly Law.



Dentsu and Aegis remain confident that the Scheme will become effective on  or 
prior to  28 February  2013 (the  long stop  date referred  to in  the  Scheme 
Document).



Further updates will be provided as  appropriate. Defined terms used in  this 
announcement have  the  same meanings  as  are given  to  them in  the  Scheme 
Document.





Enquiries:
Dentsu
Tadashi Ishii, President & Chief Executive Officer            

Shoichi Nakamoto, Executive Vice President                    

Tim Andree, President & Chief Executive Officer, Dentsu       +1 212 397 3333
Network
                                                              +81 3 6216 5111
Shinya Mori, Deputy Director, Investor Relations Office
                                                              +81 3 6216 8042
Shusaku Kannan, Senior Manager, Corporate Communications
Division


Morgan Stanley

(Dentsu's Financial Adviser)                                  +44 20 7425 8000
Ian Hart                                                      

Laurence Hopkins                                              









Aegis                                                         +44 20 7070 7700
Jerry Buhlmann, Chief Executive Officer                       

Nick Priday, Chief Financial Officer                          

Rob Gurner, Head of Investor Relations                        

Louise Evans, Group Director of Communications                +44 7920 492400


Greenhill                                                     +44 20 7198 7400
(Aegis's Lead Financial Adviser)
Richard Hoyle                                                 

Pieter-Jan Bouten                                             


J.P. Morgan Cazenove
(Aegis's Corporate Broker & Financial Adviser)                +44 20 7742 1000
Tim Wise
Tulchan                                                       +44 20 7353 4200

(Aegis's PR Adviser)
Susanna Voyle

James Macey White



IMPORTANT NOTICES



Morgan Stanley is acting exclusively for Dentsu and no one else in  connection 
with the Acquisition  and this  announcement and  will not  be responsible  to 
anyone other than Dentsu for providing the protections afforded to clients  of 
Morgan Stanley or for providing advice  in connection with the Acquisition  or 
any matter referred to herein.



Greenhill, which is  authorised and  regulated in  the United  Kingdom by  the 
Financial Services

Authority, is acting exclusively for Aegis and no one else in connection  with 
the Acquisition and  will not be  responsible to anyone  other than Aegis  for 
providing the protections afforded  to clients of  Greenhill or for  providing 
advice in connection with the Acquisition or any matter referred to herein.



J.P. Morgan Limited, which conducts its UK investment banking business as J.P.
Morgan

Cazenove and  is  authorised  and  regulated in  the  United  Kingdom  by  the 
Financial Services

Authority, is acting exclusively for Aegis and no one else in connection  with 
the Acquisition and  will not be  responsible to anyone  other than Aegis  for 
providing the protections afforded to its  clients or for providing advice  in 
connection with the Acquisition or any matter referred to herein.



You may  request  a hard  copy  of  this announcement  by  contacting  Aegis's 
registrar, Computershare Investor Services PLC  on 0870 889 3174 (from  inside 
the UK) or +44 870 889 3174 (from  outside the UK). You may also request  that 
all future  documents, announcements  and information  to be  sent to  you  in 
relation to the Acquisition should be in hard copy form.

Publication on Website

A copy  of  this  announcement  will be  made  available  subject  to  certain 
restrictions relating to persons resident in Restricted Jurisdictions, free of
charge, on  www.aegisplc.com  and  on www.dentsu.comby  no  later  than  noon 
(London time) on 7 November 2012.







                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


OUPBABRTMBMMBRT -0- Nov/06/2012 07:30 GMT
 
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