Hydrogen today announced it has extented its partial cash alternative offer of Imprint.

On 13 February Hydrogen announced its increased proposals for the acquisition of Imprint, comprising the basic offer of 0.461 new Hydrogen shares for each Imprint share and a partial cash alternative enabling Imprint shareholders to elect for 110p in cash for each Imprint share, subject to an aggregate maximum amount of cash payable under the partial cash alternative of £37.3m.

Under Hydrogen’s proposals, Imprint shareholders will also be entitled to receive a second interim dividend of 1p in cash per Imprint share.

On 14 March Imprint announced the adjournment of the Imprint Court Meeting and EGM and that, if the meetings are to be reconvened, Imprint shareholders will be given specific notice of the revised time and date of the meetings.

Hydrogen today announces that the partial cash alternative has been extended until 1pm on the date which is seven days after the date on which such reconvened meetings may be held (or such other time and date as the Panel may agree). The partial cash alternative is conditional upon the Scheme becoming effective.