Smiths Group Regulatory News (SMIN)

22 Jun 2007 10:03

Smiths Group PLC22 June 2007 Smiths Group plc - Return of Cash - Results of Elections Not for release, publication or distribution in whole or in part into the UnitedStates, Canada, Australia and New Zealand. The Return of Cash, which was approved by Shareholders at the EGM of SmithsGroup plc held on 11 June 2007, provided Shareholders with three choices inrelation to their B Shares. As at the close of the Election Period, being 3:00p.m. on 21 June 2007, the results of the elections were as follows: • elections or deemed elections to receive the Single B Share Dividend were made in relation to 348,205,433 B Shares (60.29 per cent. of the issued B Shares); • elections to accept the Initial Purchase Offer were received in relation to 224,439,118 B shares (38.86 per cent. of the issued B Shares); and • elections to retain B Shares were received in relation to 4,926,594 B Shares (0.85 per cent. of the issued B Shares). It is expected that JPMorgan Cazenove, acting as principal, will, on 25 June2007, make the Initial Purchase Offer to purchase 224,439,118 B Shares inrespect of which valid elections have been received from Shareholders. It is also expected that on 25 June 2007 Smiths will declare the Single B ShareDividend of 365 pence per B Share payable to those Shareholders who have, or whoare deemed to have, elected to receive the Single B Share Dividend. Settlement of the Initial Purchase Offer and the Single B Share Dividend forShareholders is expected to be made on 28 June 2007. Terms defined in the circular from Smiths to its Shareholders dated 16 May 2007have the same meaning when used in this announcement. For further information: Smiths: 020 8458 3232Russell Plumley (Investors)Chris Fox (Press) JPMorgan Cazenove: 020 7588 2828Edmund ByersMatthew Lawrence Credit Suisse: 020 7888 8888James Leigh-PembertonTristan Lovegrove JPMorgan Cazenove Limited, which is authorised and regulated in the UnitedKingdom by the FSA, is acting for Smiths and no-one else in connection with theReturn of Cash and will not be responsible to anyone other than Smiths forproviding the protections afforded to clients of JPMorgan Cazenove Limited orfor providing advice in relation to the Return of Cash. No offer to purchase B Shares is being or will be made in any territory where itis illegal to do so by Smiths or JPMorgan Cazenove Limited or any person actingon behalf of either of the foregoing. This information is provided by RNS The company news service from the London Stock Exchange