Quarto Group Inc

18 January 2024

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

FOR IMMEDIATE RELEASE

18 January 2024

THE QUARTO GROUP INC.

(the "Company")

Tender Offer

Further to the announcement made on 30 November 2023 and the shareholder circular dated 30 November 2023 (the "Circular"), the Company is pleased to announce that the Tender Offer is being launched today. Shareholders will be posted a tender offer document (including a tender form where applicable) which contains further information on the terms of the Tender Offer and details of how to accept the Tender Offer ("Tender Document").

The terms of the Tender Offer are on substantially the same terms as those set out in the brief summary included in the Circular. However, the Tender Offer is now being made in relation to an increased number of Common Shares in order to improve the opportunity for all shareholders to participate in the Tender Offer. The offer to purchase the increased amount of 11,276,774 Common Shares means that the Company is offering to purchase all Common Shares that are currently in issue, save for any Common Shares held by certain individuals that entered into irrevocable undertakings not to accept the Tender Offer (see Circular for further details).

A copy of the Tender Document and this announcement will be made available at the Company's website: https://www.quarto.com/aboutus/investornews.aspx.

Unless otherwise defined herein, capitalised terms have the same meaning as those defined in the Circular.

For further information, please contact:

 
 The Quarto Group Inc. 
                                         +44 (0)20 7700 
 Daniel Logan, Group Finance Director     6700 
 Michael Clarke, Company Secretary 
 
 

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January 18, 2024 04:33 ET (09:33 GMT)