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DMC Document Security Systems Common Stock

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Share Name Share Symbol Market Type
Document Security Systems Common Stock AMEX:DMC AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Toledo Mining: DMCI Holdings Claims 56%, Offer Unconditional

02/04/2013 10:01am

Dow Jones News


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LONDON--DMCI Mining Corporation said Tuesday that as at 1700 GMT on March 28 it had received valid acceptances in respect of 9.01 million Toledo Mining Corp. PLC (TMC.LN) shares, or 18.1%, and it now owns or has received valid acceptances in respect of 27.99 million Toledo shares, or 56.2%.

MAIN FACTS:

-Offer, which is now unconditional in all respects, is being extended until 1200 GMT on April 16.

-As at 1700 GMT on March 28 , DMCI Mining hadn't received a valid acceptance in respect of 1.3 million Toledo shares which were subject to a letter of intent procured by DMCI Mining from Alfredo C. Ramos.

-On Feb. 15, DMCI Mining, a wholly-owned subsidiary of DMCI Holdings Inc (DMC.PH), announced that it had increased its stake in Toledo to 37.7%a and would make a cash offer to acquire the shares of Toledo not already owned.

-Toledo shares at 0830 GMT up 1 pence, or 2.01%, at 51 pence valuing the company at 24.8 million pounds.

-Write to Ian Walker at ian.walker@dowjones.com

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