We wish to inform you that CLR Capital Public Limited (CLR) has acquired 2,418,739 shares of Confine Investments Public Limited from investors abroad at the price of £0.05 per share. With the acquisition above, the stake of CLR in the share capital of Confine Investments Public Limited will reach 56.21%. This stake includes shares held by associated persons of CLR, pursuant to the provisions of the legislation.
Due to the fact that CLR would like to give the opportunity to all shareholders of Confine to be released from their investment at the same price that it acquired the shares from the foreign investors, we wish to inform you that pursuant to Article 9(1) Part III of the CSE Regulations 1997 (Public Offer for the Acquisition or Purchase of Titles and Merger of Companies Listed in the CSE), the Board of Directors of CLR might proceed to a Public Offer for the acquisition of up to 100% of the share capital of Confine Investments Public Ltd with a consideration of £0.05 per share.
Due to the fact that CLR would like to give the opportunity to all shareholders of Confine to be released from their investment at the same price that it acquired the shares from the foreign investors, we wish to inform you that pursuant to Article 9(1) Part III of the CSE Regulations 1997 (Public Offer for the Acquisition or Purchase of Titles and Merger of Companies Listed in the CSE), the Board of Directors of CLR might proceed to a Public Offer for the acquisition of up to 100% of the share capital of Confine Investments Public Ltd with a consideration of £0.05 per share.
Monday, 7 February, 2005 - 10:32