Moet Hennessy Investissements said its agreed offer for Glenmorangie PLC has been declared unconditional as to acceptances.

By 3.00 pm yesterday (7 December), valid acceptances of the offers had been received in respect of a total of 11,340,345 Glenmorangie 'A' shares and 3,745,478 Glenmorangie 'B' shares, representing approximately 95.71% and approximately 93.63% respectively.