May 17 (Reuters) - ARCADE FINANCE:
- ARCADE FINANCE - REFERS TO ITS OFFER OF $0.335 PER GODFREYS SHARE CONTAINED IN BIDDER'S STATEMENT DATED 24 APRIL
- ARCADE FINANCE - TO DECLARE ITS TAKEOVER OFFER FREE OF ALL DEFEATING CONDITIONS IF IT RECEIVES ACCEPTANCES FOR OFFER ACHIEVING A VOTING POWER OF 50.1%.