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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Archipelago Res | LSE:AR. | London | Ordinary Share | GB0033551721 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 57.75 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMAR.
RNS Number : 6951R
Archipelago Resources PLC
30 October 2013
30 October 2013
AIM: AR.
Archipelago Resources Plc
("Archipelago" or "the Company")
Unconditional Recommended Cash Offer - Update
Archipelago announces that the Offer which was announced on 27 September 2013 closed on 29 October 2013 and that valid acceptances had been received by PT Rajawali Corpora ("Rajawali") in respect of 74.38 per cent of the shares to which the Offer relates, which in total represents 35.06 per cent of the Archipelago Shares. Rajawali now has a 87.92 per cent interest in Archipelago's issued share capital.
Archipelago Shareholders who accepted the Offer will receive payment of consideration within the next 14 days.
Following approval by the requisite majority of Archipelago Shareholders at the General Meeting held on 24 October 2013, the cancellation of the Company's AIM Admission will take effect at 7.00 a.m. on Wednesday, 13 November 2013.
Capitalised terms not otherwise defined in this announcement shall have the same meanings as set out in the Offer Document dated 27 September 2013.
For further information please contact:
Hot Features
Premium
Archipelago Resources Plc Liberum Capital Limited
President -- Corporate Strategy Joint Broker to Archipelago Resources
Matthew Salthouse Plc
Phone: + 65 6535 3419 Tim Graham / Ryan de Franck / Joshua
Hughes
Phone: +44 (0) 20 3100 2000
------------------------------------- ---------------------------------------
Grant Thornton UK LLP Canaccord Genuity Limited
Nominated Adviser to Archipelago Joint Broker to Archipelago Resources
Resources Plc Plc
Philip Secrett / David Hignell Andrew Chubb / Christopher Fincken
Phone: +44 (0) 20 7383 5100 Phone: +44 (0) 20 7523 8000
------------------------------------- ---------------------------------------
Buchanan
PR Adviser to Archipelago Resources
Plc
Bobby Morse / Gordon Poole
Phone: +44 (0) 20 7466 5000
------------------------------------- ---------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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