RNS Number:6400Q
Glu Mobile
20 March 2008


  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 of such jurisdiction.



                             RECOMMENDED CASH OFFER

                                       by

                                GLU MOBILE INC.

                                      for

                              SUPERSCAPE GROUP PLC



             Compulsory Acquisition of remaining Superscape Shares



On 25 January 2008, Glu Mobile Inc. (Glu), made a recommended cash offer for the
entire issued share capital of Superscape Group plc (Superscape).



The directors of Glu are pleased to announce that, as at 15:00 (London time) on
20 March 2008, valid acceptances of the Offer had been received in respect of a
total of 162,274,225 Superscape Shares, representing approximately 88.62 per
cent. of the existing issued share capital of Superscape. On 23 January 2008,
the directors of Glu announced that they had received irrevocable undertakings
and a letter of intent to accept the Offer in respect of 62,186,230 Superscape
Shares, representing approximately 33.96 per cent. of the existing issued share
capital of Superscape. Valid acceptances have been received in respect of all of
these Superscape Shares and these are reflected in the total above. In addition,
Glu holds 7,965,212 Superscape Shares, representing 4.35 per cent. of the
existing issued share capital of Superscape, that were acquired through share
purchases made on Glu's behalf by Panmure Gordon since posting of the Offer
Document, and that have been certified as meeting the requirements of Rule 10 of
the Code and can therefore be counted as valid acceptances under the Offer.



On 7 March 2008, the directors of Glu declared the offer unconditional in all
respects and announced that the Offer would remain open for acceptances until
15:00 (London time) on 21 March 2008. As at 15:00 (London time) on 20 March
2008, Glu owned or had received acceptances in respect of a total of 170,239,437
Superscape Shares representing approximately 92.97 per cent of the existing
issued share capital of Superscape. Accordingly, the directors have decided that
the Offer will close at 15:00 (London time) on 21 March 2008 and will not be
capable of acceptance after 15:00 (London time) on 21 March 2008.



The directors of Glu announce that as soon as reasonably practicable Glu will
apply the provisions of sections 979 to 991 (inclusive) of the Companies Act
2006 to acquire compulsorily all remaining Superscape Shares on the same terms
as the Offer.  Accordingly, in due course Glu will be posting formal notices
pursuant to section 980(1) of the Companies Act 2006 to all Superscape
Shareholders who have not yet accepted the Offer. Superscape Shareholders who
have not made an application to court under section 986 of the Companies Act
2006 within six weeks from the date of the formal notice will have their
Superscape Shares transferred to Glu pursuant to the compulsory acquisition
procedure under the Companies Act 2006.



Settlement of the consideration due under the Offer will be effected on or
before 4 April 2008 for Superscape Shareholders who have already validly
accepted the Offer.



Application has been made to the UK Listing Authority for the cancellation of
listing of the Superscape Shares on the Official List and to the London Stock
Exchange for cancellation of admission to trading of the Superscape Shares on
its market for listed securities, in each case to take effect on 8 April 2008.



Glu also intends to apply for the re-registration of Superscape as a private
limited company under the relevant provisions of the Companies Act 2006.



Terms used in this announcement shall have the meaning given to them in the
Offer Document dated 25 January 2008, unless the context requires otherwise.


Glu Mobile Inc.
Nicole Kennedy                                              +1 650 571 1550

Lazard (financial adviser to Glu Mobile Inc.)
Cyrus Kapadia                                               +44 (0) 20 7187 2000
Jeffrey Sechrest                                            +1 212 632 6000
Terence Fung                                                +1 415 623 5000

The Blueshirt Group (PR adviser to Glu Mobile Inc.)         +1 415 623 5000
Todd Friedman                                               +1 415 217 5869

Superscape Group plc                                        +1 949 940 2840
Kevin Roberts
Dave Goodman

Close Brothers (financial adviser to Superscape Group plc)  +44 (0) 20 7655 3100
Simon Willis
James Craven

Hudson Sandler (PR adviser to Superscape Group plc)         +44 (0) 20 7796 4133
Jessica Rouleau


Further information

For further information on Glu and Superscape, please see www.glu.com and
www.superscape.com, respectively.

The release, publication or distribution of this announcement in jurisdictions
other than the UK may be restricted by law and therefore any persons who are
subject to the laws of any jurisdiction other than the UK should inform
themselves about, and observe, any applicable requirements. Any failure to
comply with the applicable requirements may constitute a violation of the
securities laws of any such jurisdiction. This announcement has been prepared
for the purpose of complying with English law and the Code and the information
disclosed may not be the same as that which would have been disclosed if this
announcement had been prepared in accordance with the laws of jurisdictions
outside the UK.



Any person (including, without limitation, any custodian, nominee or trustee)
who would, or otherwise intends to, or who may have a contractual or legal
obligation to, forward this announcement and/or any other related document to
any jurisdiction outside the UK should inform themselves of, and observe, any
applicable legal or regulatory requirements of their jurisdiction.



Copies of this announcement are not being, and must not be, directly or
indirectly, mailed or otherwise forwarded, distributed or sent in or into or
from any jurisdiction other than the UK and the USA and persons receiving this
announcement (including, without limitation, custodians, nominees and trustees)
must not mail or otherwise forward, distribute or send it in or into or from any
jurisdiction other than the UK and the USA.



Lazard is acting exclusively as financial adviser to Glu and no one else in
connection with the Offer and this announcement and will not be responsible to
anyone other than Glu for providing the protections afforded to clients of
Lazard, nor for providing advice in connection with the Offer or this
announcement or any matter referred to in this announcement.



Close Brothers is acting exclusively as financial adviser to Superscape and no
one else in connection with the Offer and this announcement and will not be
responsible to anyone other than Superscape for providing the protections
afforded to clients of Close Brothers, nor for providing advice in connection
with the Offer or this announcement or any matter referred to in this
announcement.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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