Avacom holds 56.66% of Ceilfloor after PO
RESULT OF THE PUBLIC OFFER OF AVACOM PUBLIC COMPANY LIMITED TO THE SHAREHOLDERS OF CEILFLOOR PUBLIC COMPANY LIMITED
Pursuant to article 38(1)(a) of the Public Offering Law 2007, Avacom Public Company Limited announces that the Public Offer for the acquisition of up to 100% of the issued share capital of Ceilfloor Public Company Limited expired on January 7, 2008.
The total rate of acceptance by the shareholders of Ceilfloor stood at 6.96%, that is, 351,601 shares from the issued share capital of the total 5,055,000 shares.
At the expiry of the Public Offer, the Offeror held directly 49.71% (2,512,689 shares) in the issued share capital of Ceilfloor and via Mr. Andreas Siammas, person in agreement, 1.78% (90.148 shares) in the issued share capital of Ceilfloor.
The total percentage of the Offeror together with the acceptances by the shareholders who accepted the Public Offer stands at 56.66% (2,864,290 shares) of the issued share capital of Ceilfloor.
The payment of the consideration of €0.10 cash per share of Ceilfloor to the shareholders who accepted the Public Offer will be carried out within 21 business days from the publication of the results of the Public Offer, that is, until February 8, 2008 with the dispatch of the relevant cheques to the beneficiaries.
Avacom Public Company Limited would like to thank the shareholders of Ceilfloor Public Company Limited for their response.
Pursuant to article 38(1)(a) of the Public Offering Law 2007, Avacom Public Company Limited announces that the Public Offer for the acquisition of up to 100% of the issued share capital of Ceilfloor Public Company Limited expired on January 7, 2008.
The total rate of acceptance by the shareholders of Ceilfloor stood at 6.96%, that is, 351,601 shares from the issued share capital of the total 5,055,000 shares.
At the expiry of the Public Offer, the Offeror held directly 49.71% (2,512,689 shares) in the issued share capital of Ceilfloor and via Mr. Andreas Siammas, person in agreement, 1.78% (90.148 shares) in the issued share capital of Ceilfloor.
The total percentage of the Offeror together with the acceptances by the shareholders who accepted the Public Offer stands at 56.66% (2,864,290 shares) of the issued share capital of Ceilfloor.
The payment of the consideration of €0.10 cash per share of Ceilfloor to the shareholders who accepted the Public Offer will be carried out within 21 business days from the publication of the results of the Public Offer, that is, until February 8, 2008 with the dispatch of the relevant cheques to the beneficiaries.
Avacom Public Company Limited would like to thank the shareholders of Ceilfloor Public Company Limited for their response.
