CLS Holdings Regulatory News (CLI)

11 May 2005 11:50

CLS Holdings PLC11 May 2005 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THEUNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA, THE REPUBLIC OF IRELAND OR JAPAN CLS Holdings plc ("CLS" or "the Company") Proposed purchase of 1 in every 41 Ordinary Shares at 485 pence per share pursuant to a tender offer ("the Tender Offer") Result of AGM and Tender Offer At the Annual General Meeting of the Company held at 2.00 p.m. yesterday, allthe resolutions set out in the Tender Offer document and notice of AGM dated 15April 2005 were duly passed. The board of CLS is also pleased to confirm that the Company's recent TenderOffer, as described in the Tender Offer document dated 15 April 2005, is nowclosed, having received acceptance for the Tender Offer in full by itsshareholders. Tenders for up to and including the pro rata entitlement will bemet in full. Tenders received for excess Ordinary Shares will be subject toscale back at the rate of 0.00173257 Ordinary Shares for each excess OrdinaryShare tendered over and above the pro rata entitlement, rounded down to thenearest whole share. The Ordinary Shares purchased by the Company pursuant tothe Tender Offer will be held by the Company as treasury shares. Enquiries: CLS Holdings plcSten Mortstedt Executive Chairman 020 7582 7766Tom Thomson Chief Executive and Vice Chairman 020 7582 7766 This information is provided by RNS The company news service from the London Stock Exchange