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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
ENK | LSE:ENK | London | Ordinary Share | GB00B3XPFJ68 | ORD 4P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 19.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
LONDON--DMCI Holdings Inc. (DMC.PH) Wednesday said it along with D&A Income Limited will acquire the remaining issued and to be issued share capital of nickel production company ENK PLC (ENK.LN) for 49.8 million pounds.
MAIN FACTS:
-Under the terms of the offer, ENK shareholders will be entitled to receive 19.0 pence in cash for each share.
-Independent Directors of ENK intend to recommend unanimously that, in the absence of a superior proposal, ENK shareholders accept the Offer.
-Offerors either own or have received irrevocable undertakings in respect of a total of 119.2 million shares, representing 45.5% of the entire issued share capital of ENK.
-Shares of ENK on Wednesday closed at 16 pence.
-Write to Tapan Panchal at tapan.panchal@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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