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TRIC Tricor

0.275
0.00 (0.00%)
24 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tricor LSE:TRIC London Ordinary Share GB00B79BCZ12 ORD 0.001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.275 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Barclays Extends Acceptance Period For Tricorona offer

05/07/2010 8:28am

Dow Jones News


Tricor (LSE:TRIC)
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   DOW JONES NEWSWIRES 

Barclays said Monday its subsidiary TAV has received acceptances for 118,818,050 (81%) shares in Tricorona. Accordingly, the condition to become the owner of at least 90% of the total number of shares in Tricorona has not been satisfied, although all other conditions have been met.

   MAIN FACTS: 

-In order to enable shareholders who have not yet accepted the offer to tender their shares, Barclays announces that TAV is extending the acceptance period for the Offer until Jul. 19, 2010.

-During the extended acceptance period, the completion of the offer will continue to be conditional upon TAV becoming the owner of 90% of the total number of shares in Tricorona.

-TAV reserves the right to waive, in whole or in part, this condition and complete the Offer at a lower level of acceptance. TAV reserves the right to further extend the acceptance period for the Offer.

-Barclays also announces that the offer is final and will not be increased, except that TAV reserves the right (without obligation) to increase the Offer if a third party announces an offer or a possible offer for Tricorona.

-By Stockholm Bureau, Dow Jones Newswires; +46-8-5451-3090; djnews.stockholm@dowjones.com

 
 

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