GSD Goldshield Grp

 

TIDMGSD 
 
RNS Number : 9812Y 
Fuhrer Family 
14 September 2009 
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR 
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE 
RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION 
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FOR IMMEDIATE RELEASE 
 
 
14 September 2009 
 
 
AIT Investments Limited: possible offer for Goldshield 
 
 
AIT Investments Limited ("AIT") announces that it is actively pursuing a 
possible all-cash offer for Goldshield Group PLC ("Goldshield") in conjunction 
with Ajit Patel, the former Chief Executive of Goldshield. 
 
 
AIT is completing its due diligence and expects to clarify its position shortly. 
A further announcement will be made when appropriate. 
 
This announcement does not constitute an announcement of a firm intention to 
make an offer under Rule 2.5 of the Takeover Code and there can be no certainty 
that any offer will ultimately be made for Goldshield nor as to the terms and 
conditions on which any offer might be made. 
 
 
About AIT: 
AIT is a newly incorporated company formed by the Fuhrer family for the purpose 
of implementing the acquisition of Goldshield. The Fuhrer family have 
significant experience in the pharmaceutical industry and own and control the 
Neopharm group of companies, one of Israel's leading businesses dedicated to 
marketing premium ethical pharmaceuticals and branded consumer health care 
products.  Neopharm has strengths in the areas of pharmaceuticals, nutritionals, 
hospital products, medical devices and diagnostics and has partnerships with a 
number of international companies including Wyeth, Actelion, Celgene, Abbott, 
and Gilead. 
The Fuhrer family have been working closely with Ajit Patel in relation to 
Goldshield and it is intended that Ajit Patel will be involved in any possible 
offer. 
 
 
Enquiries: 
 
 
+-----------------------------------------------+--------------------------+ 
| Rothschild                                    | Telephone: +44 207 280   | 
| Hedley Goldberg                               | 5000                     | 
|                                               |                          | 
+-----------------------------------------------+--------------------------+ 
| Financial Dynamics                            | Telephone: +44 207 831   | 
| Ben Atwell / Ben Brewerton / Julia Phillips   | 3113                     | 
|                                               |                          | 
+-----------------------------------------------+--------------------------+ 
 
 
Dealing Disclosure Requirements: 
 
 
Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if any 
person is, or becomes, "interested" (directly or indirectly) in 1% or more of 
any class of "relevant securities" of Goldshield, all "dealings" in any 
"relevant securities" of that company (including by means of an option in 
respect of, or a derivative referenced to, any such "relevant securities") must 
be publicly disclosed by no later than 3.30 pm (London time) on the London 
business day following the date of the relevant transaction. This requirement 
will continue until the date on which the offer becomes, or is declared, 
unconditional as to acceptances, lapses or is otherwise withdrawn or on which 
the "offer period" otherwise ends. If two or more persons act together pursuant 
to an agreement or understanding, whether formal or informal, to acquire an 
"interest" in "relevant securities" of Goldshield, they will be deemed to be a 
single person for the purpose of Rule 8.3. 
 
 
Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant 
securities" of Goldshield by AIT, the Fuhrer family or Ajit Patel or Goldshield, 
or by any of their respective "associates", must be disclosed by no later than 
12.00 noon (London time) on the London business day following the date of the 
relevant transaction. 
 
 
A disclosure table, giving details of the companies in whose "relevant 
securities" "dealings" should be disclosed, and the number of such securities in 
issue, can be found on the Takeover Panel's website at 
http://www.thetakeoverpanel.org.uk/new/. 
 
 
"Interests in securities" arise, in summary, when a person has long economic 
exposure, whether conditional or absolute, to changes in the price of 
securities. In particular, a person will be treated as having an "interest" by 
virtue of the ownership or control of securities, or by virtue of any option in 
respect of, or derivative referenced to, securities. 
 
 
Terms in quotation marks are defined in the Code, which can also be found on the 
Panel's website. If you are in any doubt as to whether or not you are required 
to disclose a "dealing" under Rule 8, you should consult the Panel. 
 
 
Rothschild, which is authorised and regulated by the Financial Services 
Authority in the United Kingdom, is acting for AIT and no one else in connection 
with the subject matter of this announcement and will not be responsible to 
anyone other than AIT for providing the protections afforded to clients of 
Rothschild nor for providing advice in relation to the subject matter of this 
announcement. 
 
 
This announcement will be made available on www.ait-investments.com by no later 
than 12.00 noon (London time) on 15 September 2009. 
 
 
"Rothschild" means N M Rothschild & Sons Limited. 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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