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Pharmakas: PO of Gerik successful

With reference to the Public Offer of Gerik Investments Limited to the shareholders of “Pharmakas Quarries Ltd” dated February 24, 2005, the Board of Directors of Gerik Investments Limited announces that the period of acceptance expired on April 15, 2005. The shares that have been acquired exceed 90% and the Public Offer is, therefore, regarded as successful.

The final percentage which will be acquired will be announced to the CSE 2 business days after the expiry of the period of acceptance and will be published in two national newspapers on the next day.
Monday, 18 April, 2005 - 10:11