PALO ALTO, Calif, April 29, 2004 (PRIMEZONE) --
Not for release, distribution or publication, in whole or in
part, in, into or from Australia, Canada, or Japan
FOR IMMEDIATE RELEASE -- 29 April 2004
Recommended Cash and Share Offer by Banc of
America Securities Limited on behalf of TIBCO Software Inc.
(and in the United States by TIBCO Software Inc.)
for Staffware plc
TIBCO Software Inc ("TIBCO") announces that the offer document (the "Offer Document") containing the recommended cash and share offer to be made, outside the United States, by Banc of America Securities Limited on behalf of TIBCO and, in the United States, by TIBCO for Staffware plc ("Staffware")(the "Offer"), which was announced on 22 April 2004, has been posted to Staffware Shareholders today.
Acceptances of the Offer must be received by not later than 3:00 p.m. (London time) on 20 May 2004.
In accordance with the requirements of Rule 2.10 of the City Code, TIBCO announces that the number of TIBCO ordinary shares of $0.001 (International Securities Identification Number US88632Q1031) in issue has increased from 198,827,594 on 20 April 2004 to 198,830,174 as of 27 April 2004.
Banc of America Securities, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for TIBCO as financial adviser (within the meaning of the Rules of the Financial Services Authority) and for no one else in connection with the Offer and will not be responsible to anyone other than TIBCO for providing the protections afforded to clients of Banc of America Securities or for giving advice in relation to the Offer.
The Offer will not be made, directly or indirectly, in or into Australia, Canada or Japan and will not be capable of acceptance from within Australia, Canada or Japan. Accordingly, copies of this announcement and all other documents relating to the Offer are not being, and must not be, mailed or otherwise forwarded, distributed or sent in, into or from Australia, Canada or Japan. Persons receiving such documents (including, without limitation, nominees, trustees and custodians) should observe these restrictions and must not mail or otherwise forward, distribute or send such documents in, into or from Australia, Canada or Japan. Doing so may invalidate any related purported acceptance of the Offer. The Offer will be open to Staffware Shareholders resident in the United States. The Offer as extended into the United States will be made by TIBCO and not by Banc of America Securities.
The Offer will be made for the securities of a non-US company. The Offer will be made in accordance with the requirements of the Code and will be subject to disclosure and procedural requirements that are different from those under United States law.
This announcement does not constitute an offer to sell or the solicitation of an offer to purchase or subscribe for any securities whether under the laws of the United States or under the laws of any state of the United States or elsewhere.
This information is provided by RNS
The company news service from the London Stock Exchange