Aspis holds 50.09% of Lemeco after successful PO
Pursuant to article 38(1)(a) of the Public Offering Law, Aspis Holdings Public Company Limited announces that the Public Offer for the acquisition of a minimum 50% plus 1 share and a maximum 100% of the issued share capital of Lemeco Silvex Industries Company Limited expired successfully on October 3, 2007.
The total rate of acceptance of the Public Offer by the shareholders reached 0.94%, that is, 409,830 shares of the issued share capital of Lemeco of the total 43,700,000 shares.
At the expiry of the Public Offer, the Offeror held 49.15% (21,478,474 shares) in the issued share capital of Lemeco.
The total rate that the Offeror holds, together with the acceptances by the shareholders who accepted the Public Offer, stands at 50.09% (21,888,304 shares) of the issued share capital of Lemeco.
The consideration of 5.842 cents (€0.10) cash per share of Lemeco will be paid to all shareholders who accepted the Public Offer within 16 business days from the publication of the results of the Public Offer, that is, until October 29, 2007, with the dispatch of the relevant cheques to the beneficiaries.
The announcement on the result of the Public Offer will be released on October 6, 2007 in two national newspapers.
Aspis Holdings Public Company Ltd would like to thank the shareholders of Lemeco Silvex Industries Public Company Limited for their response.
The total rate of acceptance of the Public Offer by the shareholders reached 0.94%, that is, 409,830 shares of the issued share capital of Lemeco of the total 43,700,000 shares.
At the expiry of the Public Offer, the Offeror held 49.15% (21,478,474 shares) in the issued share capital of Lemeco.
The total rate that the Offeror holds, together with the acceptances by the shareholders who accepted the Public Offer, stands at 50.09% (21,888,304 shares) of the issued share capital of Lemeco.
The consideration of 5.842 cents (€0.10) cash per share of Lemeco will be paid to all shareholders who accepted the Public Offer within 16 business days from the publication of the results of the Public Offer, that is, until October 29, 2007, with the dispatch of the relevant cheques to the beneficiaries.
The announcement on the result of the Public Offer will be released on October 6, 2007 in two national newspapers.
Aspis Holdings Public Company Ltd would like to thank the shareholders of Lemeco Silvex Industries Public Company Limited for their response.
