Approval of Prospectus on the application of ITTL Trade Tourist & Leisure Park Plc for the issue of up to 17,500,000 new shares and the issue and allocation of up to 23,500,000 warrants
ITTL Trade Tourist & Leisure Park Plc would like to inform the investing public that on March 31, 2009 the Securities and Exchange Commission approved the Prospectus on the issue and listing of new shares and warrants, which had been prepared pursuant to the Public Offering and Prospectus Law 2005.
The Prospectus concerns the issue and the total offer of up to 17,500,000 new shares of nominal value €0.50 each to the investing public with a sale price of €0.75 per share as follows:
- 9,400,000 shares will be disposed to the shareholders of Woolworth (Cyprus) Properties Plc, who will be registered in the Central Register/Depository on the Record date,
- 5,875,000 shares will be disposed with private placement to professional investors and to a limited number of persons and,
- 2,225,000 shares will be disposed with a Public Offer to the investing public.
- The Prospectus also concerns the issue of up to 23,500,000 Warrants 2009/2013, which will be allocated gratis to the shareholders registered at the date of issue of the new shares, after the finalization of the Public Offer to the ratio of 1 warrant for every 5 shares held. Each warrant will give its holder the right to acquire 1 share at the price of €1.25. The period of exercise will be November 1 – 30, 2013.
The exact timetable of the Public Offer, including the start and expiry date of the Public Offering as well as the Record Date will be announced via a CSE announcement and the Press or via the issue of a Supplementary Prospectus (if applicable).
The Prospectus will be available free of charge in electronic form from April 3, 2009 as follows:
- The website of Woolworth (Cyprus) Properties Plc (www.woolworthgroup.com.cy)
- The website of CISCO (www.cisco-online.com.cy)
- The SEC website (www.cysec.gov.cy)
For further clarifications, explanations and/or copies of the Prospectus, please contact (working days and hours):
- The Head Office of ITTL Trade Tourist & Leisure Park Plc, Shacolas Court, Athalassa, Old Nicosia-Limassol Road, PO Box 21744, 1589 Nicosia, Cyprus.
- The office of CISCO (Eurolife House, 4 Evrou, 2003 Nicosia, Cyprus).
ITTL Trade Tourist & Leisure Park Plc would like to inform the investing public that on March 31, 2009 the Securities and Exchange Commission approved the Prospectus on the issue and listing of new shares and warrants, which had been prepared pursuant to the Public Offering and Prospectus Law 2005.
The Prospectus concerns the issue and the total offer of up to 17,500,000 new shares of nominal value €0.50 each to the investing public with a sale price of €0.75 per share as follows:
- 9,400,000 shares will be disposed to the shareholders of Woolworth (Cyprus) Properties Plc, who will be registered in the Central Register/Depository on the Record date,
- 5,875,000 shares will be disposed with private placement to professional investors and to a limited number of persons and,
- 2,225,000 shares will be disposed with a Public Offer to the investing public.
- The Prospectus also concerns the issue of up to 23,500,000 Warrants 2009/2013, which will be allocated gratis to the shareholders registered at the date of issue of the new shares, after the finalization of the Public Offer to the ratio of 1 warrant for every 5 shares held. Each warrant will give its holder the right to acquire 1 share at the price of €1.25. The period of exercise will be November 1 – 30, 2013.
The exact timetable of the Public Offer, including the start and expiry date of the Public Offering as well as the Record Date will be announced via a CSE announcement and the Press or via the issue of a Supplementary Prospectus (if applicable).
The Prospectus will be available free of charge in electronic form from April 3, 2009 as follows:
- The website of Woolworth (Cyprus) Properties Plc (www.woolworthgroup.com.cy)
- The website of CISCO (www.cisco-online.com.cy)
- The SEC website (www.cysec.gov.cy)
For further clarifications, explanations and/or copies of the Prospectus, please contact (working days and hours):
- The Head Office of ITTL Trade Tourist & Leisure Park Plc, Shacolas Court, Athalassa, Old Nicosia-Limassol Road, PO Box 21744, 1589 Nicosia, Cyprus.
- The office of CISCO (Eurolife House, 4 Evrou, 2003 Nicosia, Cyprus).
Friday, 3 April, 2009 - 11:00