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TMC Toledo Mining

55.00
0.00 (0.00%)
02 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Toledo Mining LSE:TMC London Ordinary Share GB00B0CRWC45 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 55.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

DMCI Holdings Offer for Toledo Shares Open for Acceptance Until April 30

17/04/2013 9:35am

Dow Jones News


Toledo Mining (LSE:TMC)
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LONDON--DMCI Holdings Inc, said Wednesday that the Offer for Toledo Mining Corporation PLC's (TMC.LN) shares, remain open for acceptance until 1200 GMT on April 30.

MAIN FACTS:

-DMCI Mining now owns or has received valid acceptances in respect of a total of 32,826,215 Toledo Shares, representing 65.9% of the existing issued share capital of Toledo.

-On Feb. 15, DMCI Mining Corporation, a subsidiary of DMCI Holdings, increased its stake in Toledo to 37.7%. As a result, DMCI Mining confirmed that it would make a cash offer to acquire the entire issued and to be issued share capital of Toledo not already owned by DMCI Group.

-On March 19, the Toledo Independent Directors announced that they had unanimously recommended that Toledo Shareholders accept the Offer.

-The Offer was declared wholly unconditional on April 2 and the closing date was extended to 1200 GMT on April 16.

-Write to Razak Musah Baba at razak.baba@dowjones.com

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