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MTT Metal-Tech

21.50
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
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

Metal-Tech Ltd Update on Tender Offer (4640N)

28/09/2012 12:25pm

UK Regulatory


Metal-tech (LSE:MTT)
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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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