Sept 18 (Reuters) - Investa Office Fund (IOF) :
- OXFORD PROPERTIES GROUP GRANTED ACCESS TO DUE DILIGENCE
- AGREED THAT IT WILL NOT RESTRICT OR AGREE TO RESTRICT OXFORD'S ACCESS TO DUE DILIGENCE INFORMATION FOR A PERIOD OF FOUR WEEKS
- OXFORD ENTERED INTO A CONFIDENTIALITY DEED UNDER WHICH OXFORD WILL BE GRANTED ACCESS TO DUE DILIGENCE IN RELATION TO IOF
- ILFML CONTINUES TO RECOMMEND THAT UNITHOLDERS TAKE NO ACTION
- ILFML DIRECTORS CONTINUE TO UNANIMOUSLY RECOMMEND BLACKSTONE PROPOSAL IN ABSENCE OF A SUPERIOR PROPOSAL
- OXFORD HAS AGREED TO STANDARD NO-POACH RESTRICTIONS OF DIRECTORS AND SENIOR EMPLOYEES OF ILFML AND ITS RELATED ENTITIES
- OXFORD AGREED NOT TO ACQUIRE FURTHER IOF SECURITIES NOR ENTER INTO EXCLUSIVITY ARRANGEMENTS
- STANDSTILL RESTRICTIONS DO NOT RESTRICT OXFORD FROM MAKING A TAKEOVER BID FOR ALL IOF SECURITIES AT A CASH PRICE OF NOT LESS THAN $5.60/UNIT
- OXFORD AGREED NOT TO ENTER BINDING ARRANGEMENTS TO FORM CONSORTIUM OR DISCUSS IOF'S CONFIDENTIAL INFORMATION WITHOUT PRIOR CONSENT
