| Thu 30 Mar 2006, 15:37 | | SABMiller plc - Extension of offer in Peru |
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SAB
SOSAB
SABMiller plc - Extension of offer in Peru
SABMiller plc
JSE Alpha Code: SAB
Issuer Code: SOSAB
ISIN Code: GB0004835483
Extension of offer in Peru
London and Johannesburg, March 30, 2006. SABMiller plc ("SABMiller") announces
that it has extended the offer for the investment shares (class I non-voting
stock) of Union de Cervecerias Peruanas Backus & Johnston S.A.A. ("Backus") to
provide an additional opportunity for smaller retail shareholders to tender
their shares. The offer which was due to expire on March 29, 2006 has been
extended for a further five trading days to April 5, 2006.
Following completion of the initial ten day offer period, SABMiller owned
approximately 90% of the investment shares. The cost of shares acquired in the
offer to date is approximately US$360 million at current exchange rates.
Backus is Peru"s largest brewer and is listed on the Lima Stock Exchange.
Ends
Notes to editors
SABMiller
SABMiller plc is one of the world"s largest brewers with brewing interests or
distribution agreements in over 60 countries across five continents. The group"s
brands include premium international beers such as Miller Genuine Draft, Peroni
Nastro Azzurro and Pilsner Urquell, as well as an exceptional range of market
leading local brands. Outside the USA, SABMiller plc is also one of the largest
bottlers of Coca-Cola products in the world.
In the year ended 31 March 2005, the group reported US$2,194 million pre-tax
profit and a turnover of US$14,543 million on a UK GAAP basis. SABMiller plc is
listed on the London and Johannesburg stock exchanges.
This announcement is available on the company website: www.sabmiller.com
High resolution images are available for the media to view and download free of
charge from: www.vismedia.co.uk
Enquiries:
SABMiller plc Tel: +44 20 7659 0100
Sue Clark Director of Corporate Tel: +44 20 7659 0184
Affairs
Gary Leibowitz Senior Vice President, Tel: +44 20 7659 0174
Investor Relations
Nigel Fairbrass Head of Media Relations Tel: +44 20 7659 0105
This announcement does not constitute an offer to sell or issue or the
solicitation of an offer to buy or acquire securities of SABMiller plc (the
"Company") or any of its affiliates in any jurisdiction or an inducement to
enter into investment activity.
This document includes "forward-looking statements". These statements may
contain the words "anticipate", "believe", "intend", "estimate", "expect" and
words of similar meaning. All statements other than statements of historical
facts included in this announcement, including, without limitation, those
regarding the Company"s financial position, business strategy, plans and
objectives of management for future operations (including development plans and
objectives relating to the Company"s products and services) are forward-looking
statements. These forward-looking statements involve known and unknown risks,
uncertainties and other important factors that could cause the actual results,
performance or achievements of the Company to be materially different from
future results, performance or achievements expressed or implied by such forward
looking statements. These forward-looking statements are based on numerous
assumptions regarding the Company"s present and future business strategies and
the environment in which the Company will operate in the future. These forward-
looking statements speak only as at the date of this announcement. The Company
expressly disclaims any obligation or undertaking to disseminate any updates or
revisions to any forward-looking statements contained in this announcement to
reflect any change in the Company"s expectations with regard thereto or any
change in events, conditions or circumstances on which any such statement is
based.
Any information contained in this announcement on the price at which the
Company"s securities have been bought or sold in the past, or on the yield on
such securities, should not be relied upon as a guide to future performance.
Date: 30/03/2006 03:37:22 PM Produced by the JSE SENS Department
