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SEC approved PO Document by CLR Inv. to Europrofit

Pursuant to Article 22(1)(a)(i) of the Takeover Bid Law 2007, CLR Investment Fund Public Ltd (the Offeror) announces that on November 23, 2012, the Cyprus Securities and Exchange Commission approved the publication of the Public Offer Document for the acquisition of up to 100% of the issued share capital of Europrofit Capital Investors Public Ltd, the titles of which are listed in the CSE.

Pursuant to the Public Offer Document, the consideration that will be offered to the shareholders of ERP who will accept the Public Offer is €0.025 per share, payable in cash.

The Period of Acceptance for the shareholders of ERP will start on November 28, 2012 and will expire on December 28, 2012.

The Public Offer Document will not be posted to the shareholders of ER who hold fewer than 5,000 shares of the issued share capital of ordinary shares with an exception that has been granted to the Offeror by the Securities and Exchange Commission. The Acceptance Form and the Cancellation Form will be posted to all shareholders.

The Public Offer Document, as approved by the SEC, will be available in electronic form from 28/22/2012 at:

- The CSE website (
- The Offeror’s website (
Friday, 23 November, 2012 - 14:40