SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Schlumberger Ltd/NV, et al. – ‘SC TO-T/A’ on 4/24/01 re: Sema Group PLC – EX-99.D.27

On:  Tuesday, 4/24/01, at 12:14pm ET   ·   Accession #:  1021408-1-500298   ·   File #:  5-60559

Previous ‘SC TO-T’:  ‘SC TO-T/A’ on 4/6/01   ·   Next & Latest:  ‘SC TO-T/A’ on 6/4/01

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 4/24/01  Schlumberger Ltd/NV               SC TO-T/A             22:275K Sema Group PLC                    Donnelley R… Fin’l/NY/FA
          Schlumberger BV
          Schlumberger Industries SA
          Schlumberger Investments
          Schlumberger Ltd/NY

Amendment to Tender-Offer Statement — Third-Party Tender Offer   —   Schedule TO
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC TO-T/A   Amendment Nr 8 to Schedule to                         20±    86K 
 2: EX-99.A.20  Letterhead of Schlumberger                             3     16K 
 3: EX-99.A.21  Letter of Lehman                                       2     15K 
 4: EX-99.A.22  Notice to Non Assenting Shareholders                   2     12K 
 5: EX-99.D.17  Form of Election                                       4     18K 
 6: EX-99.D.18  Recommended Cash Offer by Schlumberger                 6     28K 
 7: EX-99.D.19  Recommended Cash Offer by Schlumberger                 5     29K 
 8: EX-99.D.20  Form of Election                                       4     18K 
 9: EX-99.D.21  Recommended Cash Offer by Schlumberger                 7     35K 
10: EX-99.D.22  Recommended Cash Offer by Schlumberger                 7±    27K 
11: EX-99.D.23  Recommended Cash Offer by Schlumberger                 2     17K 
12: EX-99.D.24  Recommended Cash Offer by Schlumberger                 2     17K 
13: EX-99.D.25  Recommended Cash Offer by Schlumberger                 4     23K 
14: EX-99.D.26  Recommended Cash Offer by Schlumberger                 2     17K 
15: EX-99.D.27  Recommended Cash Offer by Schlumberger                 2     16K 
16: EX-99.D.28  Recommended Cash Offer by Schlumberger                 7     32K 
17: EX-99.D.29  Recommended Cash Offer by Schlumberger                 7     30K 
18: EX-99.D.30  Form of Election                                       4     20K 
19: EX-99.D.31  Form of Election                                       4     20K 
20: EX-99.D.32  Form of Election                                       4     20K 
21: EX-99.D.33  Form of Election                                       4     15K 
22: EX-99.D.34  Form of Election                                       4     20K 


EX-99.D.27   —   Recommended Cash Offer by Schlumberger

EX-99.D.271st Page of 2TOCTopPreviousNextBottomJust 1st
 

Exhibit 99(D)27 THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt about what action you should take, you are recommended immediately to seek your own financial advice from your stockbroker, bank manager, solicitor, accountant or other independent financial adviser authorised under the Financial Services Act 1986 or from another appropriate authorised independent financial adviser. Lehman Brothers, Morgan Stanley Dean Witter and Schroder Salomon Smith Barney each of which is regulated in the United Kingdom by The Securities and Futures Authority Limited, are acting for Schlumberger, Schlumberger Industries S.A. and Schlumberger Investments and no one else in connection with the Offer and will not be responsible to anyone other than Schlumberger, Schlumberger Industries S.A. and Schlumberger Investments for providing the protections afforded to customers of Lehman Brothers, Morgan Stanley Dean Witter and Schroder Salomon Smith Barney nor for giving advice in relation to the Offer. Lehman Brothers, as dealer manager for the Offer, is making the Offer in the United States on behalf of Schlumberger Investments. Credit Suisse First Boston and NM Rothschild & Sons Limited, each of which is regulated in the United Kingdom by The Securities and Futures Authority Limited, are acting exclusively for Sema plc and no one else in connection with the Offer and will not be responsible to anyone other than Sema for providing the protections afforded to customers of Credit Suisse First Boston and NM Rothschild & Sons Limited, nor for giving advice in relation to the Offer. Lehman Brothers, Morgan Stanley Dean Witter, Schroder Salomon Smith Barney, Credit Suisse First Boston and NM Rothschild & Sons Limited have each given and not withdrawn their written consent to the issue of this letter with the references to their names in the form and context in which they appear. The Offer is not being made, directly or indirectly, in or into Australia, Canada or Japan and may not be accepted in or from Australia, Canada or Japan. Accordingly, copies of this letter, forms of election and related documents are not being, and must not be, mailed or otherwise distributed or sent in or into Australia, Canada or Japan. ------------------------------------------------------------------------------- Schlumberger Investments Sema plc 8th Floor 233 High South Quay Plaza II Holborn 183 Marsh Wall London London WC1V 7DJ E14 9SH Registered in Registered in England England No. 04157867 No. 1240677 23 April 2001 To: Swedish/Norwegian participants in the Sema Group plc 1998 Savings Related Share Option Scheme (the SAYE Scheme) Dear Participant RECOMMENDED CASH OFFER BY SCHLUMBERGER INVESTMENTS FOR SEMA You will be aware of the Offer (the Offer) made by Lehman Brothers on behalf of Schlumberger Investments for Sema plc (Sema). Under the Offer, Schlumberger Investments has agreed to pay 560p for each Sema Share. Schlumberger Investments announced on 6 April 2001 that the Offer was unconditional in all respects. This letter explains the effect of the Offer on your rights under the SAYE Scheme. Effect of the Offer on your rights Your share appreciation rights were granted at a fixed exercise price. You were deemed to have exercised your share appreciation rights when the Offer was declared unconditional. However, because the exercise price of your share appreciation rights is higher than the Offer price of 560p per Sema Share, you are not entitled to receive any money under your share appreciation rights. 1
EX-99.D.27Last Page of 2TOC1stPreviousNextBottomJust 2nd
Your share appreciation rights will now lapse What about my linked savings? You should have received a separate letter detailing how to deal with your linked savings. Responsibility The directors of Schlumberger Investments, whose names are set out in Schedule IVA to Appendix IV of the Offer Document, accept responsibility for the information contained in this letter other than that relating to the Sema Group, the directors of Sema and their immediate families related trusts and controlled companies. To the best of the knowledge and belief of the directors of Schlumberger Investments, (who have taken all reasonable care to ensure that such is the case), the information contained in this letter for which they are responsible is in accordance with the facts and does not omit anything likely to affect the import of such information. The members of the Sema Advisory Committee* accept responsibility for the information contained in this letter relating to the Sema Group, the directors of Sema and their immediate families, related trusts and controlled companies. To the best of the knowledge and belief of the Sema Advisory Committee (who have taken all reasonable care to ensure that such is the case), the information contained in this letter for which they are responsible is in accordance with the facts and does not omit anything likely to affect the import of such information. Recommendation The Sema Advisory Committee, which has been so advised by Credit Suisse First Boston and NM Rothschild & Sons Limited considers the proposals to participants in the SAYE Scheme to be fair and reasonable. In providing advice to the Sema Advisory Committee, Credit Suisse First Boston and NM Rothschild & Sons Limited have taken into account the Sema Advisory Committee's commercial assessments. The Sema Advisory Committee recommends that, since you are not entitled to receive any money under your share appreciation rights, you take no action and in doing so, allow them to lapse. Further information If you are in any doubt about what you should do, you are strongly advised to seek your own independent financial advice immediately. If you are unclear as to the meaning of any part of this letter, you should contact your local HR manager. A copy of the offer document containing the terms and conditions of the Offer is available on the Sema Intranet. Yours faithfully For and on behalf of For and on behalf of Schlumberger Investments Sema plc /s/ Jean-Dominique Percevault /s/ Sir Julian Oswald Jean-Dominique Percevault Sir Julian Oswald Director Chairman *"Sema Advisory Committee" means a committee of the Sema Board consisting of Sir Julian Oswald, Pierre Bonelli and Harry Fryer, which has been charged with responsibility for considering and approving the proposals, the full Sema Board being in a transitional period following the Offer becoming unconditional. Printed by RR Donnelley Financial, 49913
Top
Filing Submission 0001021408-01-500298   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Fri., Apr. 26, 10:52:52.1am ET