Eredene Capital PLC Result of Tender Offer (4298Q)
14 10월 2013 - 7:54PM
UK Regulatory
TIDMERE
RNS Number : 4298Q
Eredene Capital PLC
14 October 2013
Date: 14 October 2013
On behalf of: Eredene Capital plc ("Eredene", "Eredene
Group" or "the Company")
For immediate
release
Eredene Capital Plc
Result of Tender Offer
Eredene Capital PLC (AIM: ERE), the AIM quoted investor in
Indian infrastructure, announces that, following approval of the
proposed Tender Offer by shareholders at the General Meeting of the
Company held on 12 September 2013, the necessary Court approval for
the Reduction of Capital has also now been received.
The Board also announces that a total of 346,233,002 shares were
tendered under the Tender Offer. As a result, the Basic Entitlement
of all Shareholders who have validly tendered their shares will be
accepted in full and excess tenders will be satisfied to the extent
of approximately 0.60668 per cent. of the excess shares tendered.
Therefore 115,838,216 shares will be repurchased at 17.2 pence per
share by the Company under the Tender Offer and subsequently
cancelled.
Payment of the consideration due to Shareholders whose tenders
under the Tender Offer have been accepted is expected to be
despatched (by cheque or by a CREST payment, as appropriate) on 15
October 2013. Balance certificates will be despatched in respect of
non-tendered shares in the week commencing 14 October 2013.
Following the implementation of the Tender Offer and the
cancellation, the Company will have 246,156,210 Shares in
issue.
Terms used in this announcement shall, unless the context
otherwise requires, bear the meaning given to them in the
Circular.
For further information:
Eredene Capital PLC
Alastair King (Chief Executive) / Gary Tel: +44 20 7448
Varley (Finance Director) 8000
Eredene Capital Advisors Private Limited
Ranveer Sharma (Managing Director) Tel: +91 22 6737
Ranveer.Sharma@eredene.com 7373
Numis Securities Limited (Nominated adviser
& broker) Tel: +44 20 7260
Heraclis Economides (Nominated Adviser) 1000
/ David Benda
Redleaf Polhill (Financial PR)
Henry Columbine / David Ison / Hannah Fensome Tel: +44 20 7382
eredene@redleafpolhill.com 4720
Notes to Editors:
-- Eredene Capital PLC is a leading UK-based AIM quoted investor
in infrastructure projects in India. Following the sale of its
stake in OSL, it has a portfolio of eight principal investments in
India, seven in port services, warehousing and logistics and one in
low-cost housing (www.eredene.com).
-- Eredene trades on the Alternative Investment Market ("AIM")
of the London Stock Exchange.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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Eredene Capital (LSE:ERE)
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부터 5월(5) 2024 으로 6월(6) 2024
Eredene Capital (LSE:ERE)
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부터 6월(6) 2023 으로 6월(6) 2024