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EVT Eurovestech

6.75
0.00 (0.00%)
Last Updated: 01:00:00
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

Further re Tender Offer

19/10/2011 11:36am

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. 
 
                                                                19 October 2011 
 
                                Eurovestech plc 
 
                                ("Eurovestech") 
 
                   Tender Offer for D Shares of Eurovestech 
                      by Cenkos Securities plc ("Cenkos") 
 
Introduction 
 
Cenkos acts as broker to Eurovestech. 
 
On 27 September 2011 Eurovestech announced that following a detailed assessment 
of its cash requirements for investment in its current business and for 
investment in future opportunities, it proposed to return approximately GBP13.25 
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 14 
October 2011 and D Shares were issued to Shareholders on 17 October 2011. 
 
Unless otherwise defined herein, terms defined in the Circular shall have the 
same meaning in this announcement. 
 
D Share Tender Offer 
 
Cenkos, acting as principal, hereby makes the D Share Tender Offer to purchase 
276,712,459 D Shares in respect of which valid acceptances of the D 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Tender Offer have been received and not withdrawn from Shareholders on the 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 D Share Tender Offer will receive 
the D Share Dividend of 4 pence per D Share in respect of all of their D 
Shares. The D Share Dividend is expected to be declared on 21 October 2011. 
 
Shareholders who have validly accepted the D Share Tender Offer are expected to 
receive payment of 4 pence per D Share, free of all dealing expenses and 
commissions, on or about 28 October 2011. 
 
For further information, please contact: 
 
Eurovestech plc 
Richard Bernstein - Chief Executive                Tel: 020 7478 9070 
 
Merchant Securities Limited (Nomad) 
David Worlidge/Simon Clements                      Tel: 020 7628 2200 
 
Cenkos Securities plc (Broker) 
Stephen Keys                                       Tel: 020 7397 8926 
 
 
 
END 
 

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