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EVT Eurovestech

6.75
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eurovestech LSE:EVT London Ordinary Share GB0002292810 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Eurovestech PLC Further re Tender Offer

11/09/2012 7:00am

UK Regulatory



 
TIDMEVT 
 
This announcement should not be transmitted, distributed or released in or onto 
any jurisdiction in which such an act would constitute a violation of the 
relevant laws of such jurisdiction. 
 
                                                              11 September 2012 
 
         Tender Offer for E Shares of Eurovestech plc ("Eurovestech") 
 
                      by Cenkos Securities plc ("Cenkos") 
 
Introduction 
 
Cenkos acts as broker to Eurovestech. 
 
On 17 August 2012 Eurovestech announced that following completion of the sale 
of a 40 per cent. interest in its wholly-owned portfolio company, Knowledge 
Support Systems Limited, it proposed to return approximately GBP4.4 million to 
Shareholders by way of the Return of Cash. A circular setting out further 
details of the Return of Cash and incorporating a notice convening a General 
Meeting (the "Circular") was posted to Shareholders that day. The Resolution to 
approve the Return of Cash was duly passed by Shareholders on 6 September 2012 
and E Shares were issued to Shareholders on 7 September 2012. 
 
Unless otherwise defined herein, terms defined in the Circular shall have the 
same meaning in this announcement. 
 
E Share Tender Offer 
 
Cenkos, acting as principal, hereby makes the E Share Tender Offer to purchase 
291,087,897 E Shares in respect of which valid acceptances of the E Share 
Tender Offer have been received and not withdrawn from Shareholders on the 
terms set out in the Circular. 
 
Shareholders who have not validly returned a Form of Acceptance or validly 
submitted a TTE Instruction in respect of the E Share Tender Offer will receive 
the E Share Dividend of 1.32 pence per E Share in respect of all of their E 
Shares. The E Share Dividend is expected to be declared on 14 September 2012. 
 
Shareholders who have validly accepted the E Share Tender Offer are expected to 
receive payment of 1.32 pence per E Share, free of all dealing expenses and 
commissions, on or about 21 September 2012. 
 
Eurovestech plc 
 
Richard Bernstein - Chief Executive                Tel: 020 7478 9070 
 
Merchant Securities Limited (Nomad)                Tel: 020 7628 2200 
David Worlidge / Virginia Bull 
 
Cenkos Securities plc (Broker) 
Camilla Hume                                       Tel: 020 7398 8900 
 
 
 
END 
 

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