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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Metal-Tech | LSE:MTT | London | Ordinary Share | IL0010926751 | ORD ILS0.2 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 21.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMTT
RNS Number : 4640N
Metal-Tech Ltd
28 September 2012
28 September 2012
Metal-Tech Ltd.
("Metal-Tech" or "the Company")
Update on Tender Offer for all issued and outstanding share capital of Metal-Tech
Metal-Tech, the producer and recycler of specialty metals such as tungsten and molybdenum, provides the following update to the announcement of 3 September, 2012 that Hillah Consultants Ltd. Inc. ("Hillah Consultants") had commenced a Cash Tender Offer to acquire all of the Company's issued and outstanding share capital not already held by Hillah Consultants and its sole shareholder, Mr. Ariel Rosenberg, totalling 4,148,045 Ordinary Shares of the Company, representing approximately 10.8 percent of the issued and outstanding share capital of the Company (except for certain Ordinary Shares to be purchased by Mr. Rosenberg from a shareholder of the Company upon consummation of the Tender Offer or alternatively following the adoption by the Company's shareholders of the resolution for the cancellation of the admission of the Company's shares from trading on AIM).
The expiry date for the tender offer was 28 September 2012. However, Hillah Consultants and Mr Rosenberg have informed the Company that they have extended the Tender Offer period to expire at 1700hrs (British Summer Time), 4 October 2012.
Enquiries:
Metal-Tech Ltd. Peter Syme +44 20 7618 9100 Oren Kind +972 542491013 Panmure Gordon +44 20 7886 2500 Fred Walsh Hannah Woodley, Charles Leigh-Pemberton Luther Pendragon +44 20 7618 9100 Harry Chathli, Alexis Gore
This information is provided by RNS
The company news service from the London Stock Exchange
END
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