rns offer update for Dartmoor Investment Trust Plc       

- Fri 28 October 2005 08:34 - RNS
Eastwood Anglo Corp Offer Update
RNS Number:2925T
Eastwood Anglo Corporate Fin Ltd
28 October 2005


Dartmoor Offers update

28 October 2005

Eastwood Anglo Corporate Finance Limited
Winkburn
Newark
NG22 8PQ
Authorised and Regulated by the FSA

For immediate release

Further to the announcement made by Eastwood Anglo Corporate Finance Limited on 26 October of cash offers to be made on behalf of Mrs Phillips for the entire Voting Deferred and Non-Voting Ordinary Share Capital of Dartmoor Investment
Trust plc, the value of the individual offers for which the consent of the Panel on Takeovers and Mergers in relation to Rule 14 of the City Code on Takeovers and Mergers has now been received is confirmed as follows:

Cash offer for the entire Voting Deferred Share Capital of Dartmoor not already owned by Mrs Phillips For every Dartmoor Voting Deferred Share GBP1.00 in cash

Unconditional cash offer for the entire Non-Voting Ordinary Share Capital of Dartmoor not already owned by Mrs Phillips

For every Dartmoor Non-Voting Ordinary Share GBP1.00 in cash

There has been no change in Mrs Phillips's shareholdings since 26 October, and she continues to hold 20.06% of the issued Voting Deferred Share Capital of Dartmoor, and taking into account the Dartmoor Preference Share votes, can
exercise 15.2% of the available votes at a general meeting of Dartmoor.

The formal Offer Document setting out details of the Offers will be despatched to Dartmoor Shareholders as soon as possible.

Enquiries:

Bill Eastwood, Eastwood Anglo Tel 01636 636132.
Email bill@eastwoodanglo.com
A copy of this announcement is available on the website www.eastwoodanglo.com

This announcement should be read in the context of the full press release announced on 26 October 2005 and should not be distributed in or into the United States, Canada, Australia, or Japan. Words and phrases used herein have the meanings set out in the Appendix to the 26 October announcement.

This announcement has been approved solely for the purpose of Section 21 of the Financial Services and Markets Act 2000 by Eastwood Anglo Corporate Finance Limited, Home Farm Barn, Winkburn, Newark, Notts NG22 8PQ who is authorised by the Financial Services Authority Limited to carry on investment business. This
announcement does not constitute an offer or an invitation to acquire any securities. Any such offer will only be made pursuant to the Offer Document and Form of Acceptance.

Eastwood Anglo Corporate Finance Limited is acting for Mrs Marion Phillips and
no one else in connection with the Offers and accordingly will not be responsible to any other person for providing protections afforded to its
clients or for advising any other person on the Offers.




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

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