TIDMBRT TIDMTTM

RNS Number : 2913N

Brightside Group PLC

25 July 2014

25 July 2014

Not for release, publication or distribution, in whole or in part, in or into any jurisdiction where

to do so would constitute a violation of the relevant laws of such jurisdiction.

RECOMMENDED CASH ACQUISITION

of

BRIGHTSIDE GROUP PLC

by

BELVEDERE BIDCO LIMITED

a newly incorporated company indirectly owned by AnaCap Financial

Partners II, LP, a fund ultimately managed by AnaCap FP GP II Limited

which is advised by AnaCap Financial Partners LLP

to be effected

by means of a Scheme of Arrangement

under Part 26 of the Companies Act 2006

Cancellation of Brightside PLC shares

Following an application by Brightside plc ("Brightside") to the London Stock Exchange, the listing of Brightside Shares on AIM has been cancelled with effect from 7.00 a.m. (London time) today, 25 July 2014.

The latest date for dispatch of cheques to Brightside Shareholders, or for crediting their CREST accounts, is 7 August 2014 (being 14 days from the Effective Date of 24 July 2014).

Full details of the Offer are set out in the scheme document dated 20 May 2014 sent or made available to Brightside Shareholders on 20 May 2014 (the "Scheme Document"). Capitalised terms used but not otherwise defined in this announcement have the meaning given to them in the Scheme Document.

A copy of this announcement will be available on Brightside's website at www.brightsidegroup.co.uk and AnaCap LLP's website (www.anacapfp.com).

For the avoidance of doubt, the content of the websites referred to above is not incorporated into and does not form part of this announcement.

 
 Enquiries: 
 
 Bidco and AnaCap                                 Tel: +44 (0)207 
  Edward Green                                     070 5250 
  Jatender Aujla 
 
 Macquarie Capital (Europe) Limited (financial    Tel: +44 (0)203 
  adviser to Bidco and AnaCap)                     037 2000 
  Jonny Allison 
  Steve Baldwin 
  Nicholas Harland 
 
 Brightside 
  Paul Williams                                    Tel: +44 (0)1454 
  Paul Chase-Gardener                              636 353 
                                                   Tel: +44 (0)1454 
                                                   634 194 
 
 Cenkos (financial adviser and corporate broker   Tel: +44 (0) 20 
  to Brightside)                                   7397 8900 
  Bobbie Hilliam 
  Harry Pardoe

This information is provided by RNS

The company news service from the London Stock Exchange

END

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