Pursuant to article 18, Part V of the CSE Regulations 1997-2002 (Public Offer for Acquisition or Purchase of Titles and Merger of Companies Listed in the CSE), Nasos Ktorides Holdings Ltd announces that the Public Offer Document dated March 10, 2005, submitted to the shareholders of Quantum Corporation Limited expired on April 18, 2005 at 1.30 pm.
The total percentage of shares acquired is 99.29% and the Public Offer is regarded as successful.
Nasos Ktorides Holdings also decided to send the consideration to all shareholders that accepted the Public Offer.
Since Nasos Ktorides Holdings Ltd will hold 99.29% of the issued share capital of Quantum Corporation Ltd, it has been decided to request the delistment of Quantum Corporation Ltd from the CSE.
The Board of Directors would like to thank the shareholders of Quantum Corporation Ltd for their response.
The total percentage of shares acquired is 99.29% and the Public Offer is regarded as successful.
Nasos Ktorides Holdings also decided to send the consideration to all shareholders that accepted the Public Offer.
Since Nasos Ktorides Holdings Ltd will hold 99.29% of the issued share capital of Quantum Corporation Ltd, it has been decided to request the delistment of Quantum Corporation Ltd from the CSE.
The Board of Directors would like to thank the shareholders of Quantum Corporation Ltd for their response.
Tuesday, 19 April, 2005 - 10:00