Feb 15 2013
LondonMetric sets out the results of its £100m return of capital. 91,810,669 Ordinary Shares were validly tendered at the Tender Offer Price of 112.9p. Tenders will therefore be accepted in full from Qualifying Shareholders who validly tendered their Tender Offer Entitlements or any number of Ordinary Shares less than their Tender Offer Entitlement and Excess Tenders will be satisfied to the extent of approximately 94.72%. 88,573,910 Ordinary Shares will therefore be purchased by Peel Hunt on 18 February 2013 for a total cost of approximately £100 million.
The full announcement can be found in the attached file.
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