Expiration of Viscardi Ventures GmbH Offer for topjobs.net plc.Business Editors MANCHESTER, England--(BUSINESS WIRE)--Feb. 26, 2001 Viscardi Ventures GmbH ("Viscardi") announced today, on behalf of Scout24 AG, that the subsequent offer period of its tender offer to acquire all the outstanding American Depositary Shares American Depositary Share (ADS) Foreign stock issued in the US and registered in the ADR system. ("ADSs"), each representing one ordinary share of topjobs.net plc (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : TJOB) (the "Company"), and all the outstanding ordinary shares of the Company not represented by ADSs (the "Ordinary Shares") for $1.50 per ADS or Ordinary Share net to the seller in cash expired at 12:00 midnight, New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. time, on Friday, February 23, 2001, and 5:00 a.m., London time, on Saturday, February 24, 2001. Viscardi has been advised by Bankers Trust The Bankers Trust is a historic American banking organisation that was acquired by Deutsche Bank in 1998. It was originally set up when banks could not perform trust company services. Company, the U.S. depositary DEPOSITARY, contracts. He with whom a deposit is confided or made. 2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470. for the offer, that as of 12:00 midnight, New York City time, on Friday, February 23, 2001, and 5:00 a.m., London time, on Saturday, February 24, 2001, approximately 3,723,741 ADSs were validly tendered into the offer and not withdrawn, including guaranteed deliveries, representing approximately 86.43 percent of the outstanding ADSs. Viscardi has been advised by Lloyds TSB Lloyds TSB Group plc (LSE: LLOY) is a banking and insurance group in the United Kingdom. It was formed in 1995 by the merger of Lloyds Bank and the Trustee Savings Bank (TSB). The Group's head office is at 25 Gresham Street, London. Registrars, the U.K. receiving agent for the offer, that as of 12:00 midnight, New York City time, on Friday, February 23, 2001, and 5:00 a.m., London time, on Saturday, February 24, 2001, approximately 6,008,465 Ordinary Shares were validly tendered into the offer and not withdrawn, representing approximately 99.97 percent of the existing issued Ordinary Shares of the Company not represented by ADSs. In total, as of 12:00 midnight, New York City time, on Friday, February 23, 2001, and 5:00 a.m., London time, on Saturday, February 24, 2001, approximately 9,732,206 ADSs and Ordinary Shares were tendered into the offer and not withdrawn, including guaranteed deliveries, representing approximately 94.32 percent of the Company's existing issued share capital. Payment for the ADSs tendered as of the expiration EXPIRATION. Cessation; end. As, the expiration of, a lease, of a contract, or statute. 2. In general, the expiration of a contract puts an end to all the engagements of the parties, except to those which arise from the non- fulfillment of obligations created of the subsequent offer period has been or will be made promptly through Bankers Trust Company, the U.S. depositary for the offer. Payment for the Ordinary Shares tendered as of the expiration of the subsequent offer period has been or will be made promptly through Lloyds TSB Registrars, the U.K. receiving agent for the offer. Neither Viscardi nor Scout24 AG, nor any person acting or deemed to be acting in concert with either Viscardi or Scout24 AG owned or controlled any ADSs or Ordinary Shares (or rights over such ADSs or Ordinary Shares) immediately prior to the commencement of the offer (other than the irrevocable Unable to cancel or recall; that which is unalterable or irreversible. IRREVOCABLE. That which cannot be revoked. 2. A will may at all times be revoked by the same person who made it, he having a disposing mind; but the moment the testator is undertakings received by Viscardi on December 15, 2000 in respect of 6,216,910 ADSs and Ordinary Shares representing in aggregate approximately 60.2 percent of the Company's existing issued share capital) or has during the offer period acquired or agreed to acquire any ADSs or Ordinary Shares (or rights over such ADSs or Ordinary Shares) other than pursuant to the offer. As promptly as practicable following the expiration of the subsequent offer period referred to above, Scout24 AG intends to acquire the remaining equity interests in the Company not acquired in the offer by effecting a compulsory share acquisition under English law The system of law that has developed in England from approximately 1066 to the present. The body of English law includes legislation, Common Law, and a host of other legal norms established by Parliament, the Crown, and the judiciary. . Viscardi is a German privately owned investment company focusing on investments in companies in the technology and healthcare industries. Its parent company, Viscardi AG, provides corporate finance advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to companies in the technology and healthcare industries. Scout24 AG is a Swiss privately owned leading provider of diversified business services through online marketplaces. It delivers business services, application provider services, Internet content and online transaction services throughout Europe to businesses through its virtual marketplaces, primarily to business as well as retail customers. |
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