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Share Name | Share Symbol | Market | Type |
---|---|---|---|
CMP Mining Inc | CSE:CMP | CSE | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.04 | 0.04 | 0.05 | 0 | 01:00:00 |
RNS Number:2125N City & General Securities Limited 04 July 2003 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES July 4, 2003 CITY & GENERAL SECURITIES LIMITED RECOMMENDED CASH OFFER FOR COMPCO HOLDINGS PLC: Level of Acceptances and Extension of Offer The board of City & General Securities announces that by 3.00 p.m. (London time) on July 4, 2003, the first closing date of the Offer, valid acceptances of the Offer had been received in respect of a total of 31,310,060 Compco Shares, representing approximately 83.8 per cent. of the existing issued share capital of Compco. This total includes 19,388,097 Compco Shares, representing approximately 51.9 per cent. of the existing issued share capital of Compco, in respect of which City & General Securities had received either undertakings or a letter of intent to accept or procure acceptance of the Offer. These undertakings and letter of intent were received by City and General Securities from all the directors of Compco and certain persons connected with them holding Compco Shares and certain other Compco Shareholders between May 7, 2003, the date on which the Offer Period commenced, and June 12, 2003, the date on which the Offer was announced. Immediately prior to the commencement of the Offer Period, HBOS or persons controlled by HBOS owned or controlled 655,964 Compco Shares, representing approximately 1.8 per cent. of the existing issued share capital of Compco. Since the commencement of the Offer Period, HBOS or persons controlled by HBOS acquired or agreed to acquire 16,000 Compco Shares, representing approximately 0.04 per cent. of the existing issued share capital of Compco, such acquisition not being connected with the Offer. Valid acceptances of the Offer have been received by City & General Securities in respect of all these Compco Shares and they are included in the total above. Save as disclosed in this announcement, neither City & General Securities nor any party deemed to be acting in concert with City & General Securities held any Compco Shares or rights over such shares immediately prior to the commencement of the Offer Period nor have they acquired or agreed to acquire any Compco Shares or rights over such shares since the commencement of the Offer Period. The Offer has been extended and will remain open for acceptance until 3.00 p.m. (London time) on July 18, 2003. Terms defined in the Offer Document have the same meanings in this announcement. Enquiries: TULCHAN Telephone: 020 7353 4200 Andrew Grant David Trenchard Merrill Lynch Telephone: 020 7628 1000 Bob Wigley Simon Fraser The Offer is not being made, directly or indirectly, in or into Australia, Canada, Japan or the United States. Accordingly, copies of this announcement are not being, and must not be, mailed or otherwise distributed or sent in, into or from Australia, Canada, Japan or the United States. The availability of the Offer to Compco Shareholders who are not resident in the United Kingdom may be affected by the laws of relevant jurisdictions. Compco Shareholders who are not resident in the United Kingdom should inform themselves about and observe any applicable requirements. Merrill Lynch is acting exclusively for City & General Securities and no-one else in connection with the Offer and will not be responsible to anyone other than City & General Securities for providing the protections afforded to clients of Merrill Lynch or for providing advice in relation to the Offer. END This information is provided by RNS The company news service from the London Stock Exchange END OUPZGGGNNDVGFZM
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