NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES,
CANADA, NEW ZEALAND, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO
SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
27 January 2017
BARING EMERGING EUROPE PLC
Shares in Issue
On 15 December 2016, the Company announced the publication of a circular (the "
Circular") in respect of a tender offer for up to 10 per cent. of the issued
share capital of the Company (excluding any Shares held in treasury) (the "
Tender Offer"). Terms used in this announcement and not otherwise defined shall
have the same meaning as in the Circular.
The Board announces that as a result of the Tender Offer a total of 1,585,858
Shares have been repurchased by the Company for cancellation. Following the
cancellation of the Shares, there are 14,273,506 Shares in issue (excluding
3,318,207 Shares held in treasury by the Company).
The expected timetable for the completion of the Tender Offer is as follows:
Settlement of proceeds through CREST in 31 January 2017
respect of Tender Offer shares to
uncertificated shareholders
Despatch of settlement proceeds by cheque by 3 February 2017
in respect of Tender Offer shares to
certificated shareholders
Unless otherwise stated, all references to time in this document are to London
time.
Enquiries:
Steven Bates
Chairman, Baring Emerging Europe PLC
Tel: 020 7982 1263
William Simmonds
J.P. Morgan Cazenove
Tel: 020 7742 4000
Martin Salmon / Graham Venables
Northern Trust
Tel: 020 7982 2000