St Mark Homes Plc Open Offer

 
TIDMSMAP 
 
St Mark Homes PLC is pleased to launch an Open Offer of up to 1,243,932 Open 
Offer Shares at GBP1.05 per share on the basis of 1 Open Offer Share for every 3 
Ordinary Shares held. 
 
The Company is seeking to raise money through the Open Offer to increase its 
capital base and specifically to provide capital for new projects and to assist 
with the ongoing expansion of the business. 
 
The Offer Information Memorandum is being posted to shareholders today and is 
available for download from the company website http://www.stmarkhomes.co.uk/ 
investors.html. Terms defined in the Open Offer Information Memorandum have the 
same meaning in this announcement. 
 
The expected timetable for the offer is: 
 
Expected timetable of principal events 
 
Record Date for the Open Offer                  Close of business on 10 
                                                October 
                                                2016 
 
Announcement of the Open Offer and posting of   12 October 2016 
Information Memorandum and Application Form 
 
Ex-entitlement date for the Open Offer          8.00 a.m. on 12 October 
                                                2016 
 
Open Offer Entitlements and Excess CREST Open   As soon as possible after 
Offer Entitlements credited to stock accounts   8.00 a.m. 
of Qualifying CREST Shareholders in CREST       on 13 October 2016 
 
Recommended latest time for requesting          4.30 p.m. on 9 November 
withdrawal of Open Offer Entitlements and       2016 
Excess CREST Open Offer Entitlements from CREST 
 
Latest time for depositing Open Offer           3.00 p.m. on 11 November 
Entitlements and Excess CREST Open Offer        2016 
Entitlements into CREST 
 
Latest time and date for splitting of           3.00 p.m. on 11 November 
Application Forms (to satisfy                   2016 
bona fide market claims only) 
 
Latest time and date for receipt of completed   11.00 a.m. on 15 November 
Application Forms, and payment in full under    2016 
the Open Offer and settlement of relevant CREST 
instructions (as appropriate) 
 
Admission and commencement of dealings in Open  8.00 a.m. on 21 November 
Offer Shares                                    2016 
 
CREST members' accounts credited in respect of  As soon as possible after 
Open Offer Shares in uncertificated form        8.00 a.m. on 21 November 
                                                2016 
 
Dispatch of definitive share certificates for   By 30 November 2016 
Open Offer Shares in certificated form 
 
The Directors recognise and are grateful for the continued support of 
Shareholders. 
 
ENDS 
 
 
 
END 
 

(END) Dow Jones Newswires

October 12, 2016 06:45 ET (10:45 GMT)