![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Spazio | LSE:SPNV | London | Ordinary Share | NL0000686319 | ORD EUR0.20 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.90 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTCF TIDMSPNV RNS Number : 1520V Terra Catalyst Fund 06 July 2009 6 July 2009 TERRA CATALYST FUND Investment Update Terra Catalyst Fund (the "Company") (AIM: TCF) today announces that further to its announcement on 8 June 2009 regarding its investment in Terra European Investments B.V. ("TEI"), which subsequently made a cash offer for the share capital of Spazio Investments N.V. ("Spazio"), TEI has increased the Offer Price from EUR4.50 per Spazio Ordinary Share to EUR5.125 per Spazio Ordinary Share (the "Revised Offer"). Set out below are the terms of the Revised Offer for Spazio issued by TEI. -ends- Enquiries to: Terra Catalyst Fund Mike Haxby, Director www.terracatalystfund.com Tel: +44 (0) 1624 690 900 HSBC Securities Services (Isle of Man) Limited Sarah Wakeford Tel: +44 (0) 1624 637890 Fairfax I.S. PLC James King / Gillian McCarthy Tel: +44 (0) 20 7598 5368 Revised Offer Terms by TEI Terra European Investments B.V. has increased the Offer Price from EUR4.50 per Spazio Ordinary Share to EUR5.125 per Spazio Ordinary Share (the "Revised Offer Price"). Thus TEI offers to acquire, on the terms and subject to conditions and further terms set out in the Offer Document, every Spazio Ordinary Share not already held by the Laxey Group (and excluding treasury shares held by the Company) on the following revised basis: +-----------------------------------------------------+------+--------------------+ | For every Spazio Ordinary Share not already held by | | EUR5.125 in cash | | the Laxey Group (and excluding treasury shares held | | | | by the Company) | | | +-----------------------------------------------------+------+--------------------+ in accordance with the terms of the Offer, as set out in the Offer Document, as the Revised Offer Price represents an improvement in the value of the consideration represented by the original Offer Price the benefit of the Revised Offer Price will be extended to any Spazio Shareholder who has already accepted the original Offer. As the Revised Offer Price represents a fraction of a Euro, entitlements will be rounded up to the nearest cent. Acceptances of the Offer must be received by 1.00pm on 10 July 2009. The Offer (subject to the Revised Offer Price) remains subject to the terms and conditions set out in the Offer Document. Spazio Shareholders who hold Spazio Ordinary Shares in registered book entry form who have not yet accepted the Offer are reminded to complete and return their Form of Acceptance as soon as possible in accordance with the instructions set out in the Offer Document and in the Form of Acceptance. Spazio Shareholders who hold Spazio Ordinary Shares in uncertificated form and who have not yet accepted the Offer are reminded to take the necessary steps through CREST as soon as possible. The definitions of certain capitalised expressions used in this announcement are contained in the Offer Document posted to Spazio Shareholders on 19 June 2009. NOTE TO EDITORS Terra Catalyst Fund Terra Catalyst Fund is a closed-ended Cayman Islands registered, exempted company established to invest in listed property companies and funds in Europe, with the objective of seeking to identify undervalued securities and actively seeking to close the valuation gap between the value at which the security is trading and its intrinsic value. This information is provided by RNS The company news service from the London Stock Exchange END OUPGIGDRIGGGGCL
1 Year Spazio Chart |
1 Month Spazio Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions