Old Mutual Plc - Nedcor Limited (NED SJ)/BoE Limit
Old Mutual Plc
ISIN CODE: GB0007389926
SHARE CODE: OML
ISSUER CODE: OLOML
Nedcor Limited (NED SJ)/BoE Limited (BOE SJ)
Old Mutual draws attention to the announcement by its subsidiary Nedcor Ltd
("Nedcor"), the South African banking group, in which it has a 53% holding,
confirming the completion of the due diligence process in terms of the offer
to BoE Limited ("BoE").
The terms of the offer consideration to BoE shareholders have been revised,
and now comprise R290 in cash and 0.4854369 Nedcor shares per 100 BoE
shares.
The full text of the Nedcor announcement is available on SENS, the JSE
Securities Exchange News Service and on Old Mutual`s website,
www.oldmutual.com.
13 May 2002
ENQUIRIES:
Old Mutual, London Tel: + 44 20 7569 0100
James Poole
College Hill, London Tel: + 44 20 7457 2020
Tony Friend
Date: 13/05/2002 01:39:05 PM Produced by the SENS Department
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