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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Rasmala | LSE:RMA | London | Ordinary Share | GB00BNG83T81 | ORD 50P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 135.00 | 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
TIDMRMA
RNS Number : 5553V
Rasmala PLC
06 November 2017
Rasmala plc
("Rasmala" or the "Company")
Extension of Closing Date for Tender Offer
Further to the announcement of 16 October 2017 in relation to the tender offer for approximately GBP35 million (the "Tender Offer"), Rasmala announces a two-week extension of the Closing Date of the Tender Offer.
The Company, in consultation with Stockdale Securities Limited, has agreed to extend the Closing Date after many overseas shareholders informed the Company that they did not have enough time to accept the Tender Offer. The extension will grant such shareholders sufficient time to consider the terms of the Tender Offer and tender their shares if they so wish.
The Tender Offer was expected to close on 6 November 2017. Following the extension, the Tender Offer will close on 20 November 2017. There will be no further extensions of the Closing Date beyond 20 November 2017.
Those shareholders who have already accepted the Tender Offer do not need to do anything further.
A revised timetable in relation to the Tender Offer is set out below.
Enquiries:
Rasmala plc Tel: +44 (0)20 7847 9900 ----------------------- ------------------------- Zak Hydari, CEO ----------------------- ------------------------- Stockdale Securities Tel: +44 (0)20 7601 6100 ----------------------- ------------------------- Antonio Bossi, Elhanan Lee ----------------------- -------------------------
EXPECTED TIMETABLE
Announcement of the Tender Offer and date of the Circular 16 October 2017
Tender Offer opens 16 October 2017
Closing Date - latest time and date for receipt of Tender Forms 1.00 p.m. on 20 November 2017
and settlement of TTE Instruction(s)
Record Date for the Tender Offer close of business on 20 November 2017
Result of Tender Offer announced 21 November 2017
Completion of purchase of Shares under the Tender Offer 22 November 2017
Despatch of cheques for Tender Offer consideration in respect of 29 November 2017
certificated Shares sold under the Tender Offer and any balance
certificates in respect of any unsold certificated Shares
CREST accounts credited with Tender Offer consideration and any 29 November 2017
unsold uncertificated Shares
CREST Accounts credited with unsuccessfully tendered shares by 6 December 2017
Balance certificates despatched in respect of certificated by 6 December 2017
Shares and any unsuccessfully certificated Shares
The above times and/or dates are indicative only and may change. If any of the above times and/or dates change, the revised times and/or dates will be notified to Eligible Shareholders by announcement through a Regulatory Information Service.
All references to times in this document are to London times unless otherwise stated.
This information is provided by RNS
The company news service from the London Stock Exchange
END
TENFSFFDDFWSELF
(END) Dow Jones Newswires
November 06, 2017 02:00 ET (07:00 GMT)
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