Tender Offer Price Replacement (1579Q)
13 Outubro 2011 - 12:26PM
UK Regulatory
TIDMCAEL
RNS Number : 1579Q
Cazenove Absolute Equity Limited
13 October 2011
The announcement released by Cazenove Absolute Equity Limited at
10:10am on 12 October 2011 under RNS 0324Q was incorrect. In the
second paragraph the number of shares validly tendered was
incorrectly stated as being 12,951,004. The correct number of
validly tendered shares is 33,757,238. The full text of the
corrected announcement appears below.
Cazenove Absolute Equity Limited
Tender offer price
12 October 2011
Further to the announcement made by Cazenove Absolute Equity
Limited (the "Company") on 30 September 2011 regarding the passing
of the resolutions at the Extraordinary General Meeting to give
effect to the Tender Offer for Shares in the Company, the Board
today announces that the Repurchase Price, which has been
calculated in accordance with paragraph 3 of Part III of the
circular to Shareholders dated 5 September 2011 (the "Circular"),
is 124.7750 pence per Share.
A total of 33,757,238 shares were validly 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 4.92 per cent. of the excess shares tendered.
12,951,004 shares will be repurchased by the Company under the
Tender Offer and cancelled; this represents approximately one
quarter of the Issued Share Capital of the Company as at the Record
Date.
It is expected that CREST accounts will be credited and cheques
despatched in respect of the proceeds of successfully tendered
shares in the week commencing 17 October 2011. It is expected that
CREST accounts will be credited and balancing certificates issued
in respect of unpurchased Eligible Shares in the week commencing 17
October 2011.
The Board has also resolved to cancel 1,450,000 shares held in
treasury therefore following the implementation of the Tender Offer
and the cancellation, the Company will have 43,137,829 Shares in
issue of which 4,284,804 are held in treasury.
Terms used in this announcement shall, unless the context
otherwise requires, bear the meaning given to them in the
Circular.
Enquiries:
Company Secretary
Northern Trust International Fund Admin Services (Guernsey)
Limited
01481 745388
David Benda/Hugh Jonathan
Numis Securities Limited
020 7260 1000
This information is provided by RNS
The company news service from the London Stock Exchange
END
TENEASEDFFPFFFF
Cazenove AB. (LSE:CAEL)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Cazenove AB. (LSE:CAEL)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024