INVESTOR INFORMATION
PLACING AND OPEN OFFER PROSPECTUS (7 NOVEMBER 2007)
On 7 November 2007 Sportech PLC was pleased to announce that it proposes to raise approximately £39.4 million (net of expenses) by way of a placing and open offer of 41,445,189 new ordinary shares of 50 pence each at an issue price of 100 pence per share. Qualifying shareholders can apply for shares under the open offer on the basis of 7 open offer shares for every 10 new ordinary shares of 50 pence held. Subject to shareholder approval at an EGM to be held on 30 November 2007, existing ordinary shares will be consolidated so that holders of existing 5 pence ordinary shares will hold one new ordinary share of 50 pence for every ten existing ordinary shares. A copy of a prospectus relating to the placing and open offer was posted to Sportech shareholders on 7 November 2007. A copy of the prospectus is on the website - please read the following and complete the confirmation at the end to access a copy of the prospectus:
CORPORATE GOVERNANCE POLICY STATEMENT
The Board supports best practice in corporate governance and the policy of the Board is to manage the affairs of the Company in accordance with the principles of the Combined Code so far as the Board believes it is practical given the small size of the Company’s Board. This statement describes how the Company applies the principles of the Combined Code.
EXCLUDED TERRITORIES
The document accessed through the link on this page of the Company's website is not an offer of securities for sale in the United States and neither the existing ordinary shares nor the new ordinary shares have been or will be registered under the United States Securities Act of 1933, as amended (the "US Securities Act"), or under the laws of any state, district or other jurisdiction of the United States or Canada, Australia, New Zealand, Japan or South Africa (together, the "Excluded Territories" and each an "Excluded Territory"). Accordingly, unless an exemption under the US Securities Act or other relevant securities laws is applicable, the new ordinary shares are not being and may not be, offered, sold, resold, delivered or distributed, directly or indirectly, in or into the United States or any other Excluded Territory or to, or for the account or benefit of, any US person or person resident in another Excluded Territory or any other jurisdiction where such offer or sale would be unlawful.
ACTION TO BE TAKEN
If you are in any doubt as to what action you should take, you should immediately seek your own professional advice from your stockbroker, bank manager, solicitor, accountant, fund manager or other independent adviser duly authorised under the Financial Services and Markets Act 2000 who specialises in advice on the acquisition of shares and other securities.
ENQUIRIES
All enquiries in relation to the procedure for application for shareholders (whether holding their shares in the Company in certificated or uncertificated form) under the open offer should be addressed to Capita Registrars, Corporate Actions, The Registry, 34 Beckenham Road, Kent, BR3 4TU. Please note that Capita Registrars cannot provide financial advice on the merits of the open offer or as to whether or not you should take up your entitlement.
TO ACCESS A COPY OF THE PLACING AND OPEN OFFER PROSPECTUS (7 NOVEMBER 2007) PLEASE TICK THE BOX BELOW.
I/We represent and warrant (i) that I/we am/are not a citizen or resident of, or a corporation, partnership or other entity created or organised in or under any laws of, the Excluded Territories or any other jurisdiction in which the offer of the new ordinary shares would constitute a violation of the relevant laws or require registration thereof, and (ii) I/we am/are not acting for a citizen or resident of, or a corporation, partnership or other entity created or organised in or under any laws of, the Excluded Territories or any other such jurisdiction.