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Extension of the Open Offer

Extension of the Open Offer.

articleManx Financial Group PlcMay 26, 20103/company/manx-financial-group-plc/news/extension-of-the-open-offer
Extension of the Open Offer

About this update from Manx Financial Group Plc

[{"type":"text","content":"\n RNS Number : 5583M Manx Financial Group PLC 26 May 2010  \n \n\n                                                                                      26th May 2010 \n \n \nManx Financial Group PLC (the 'Company')\n \nOpen Offer of up to 21,138,817 New Ordinary Shares at 9p per share on the basis of 1 New Ordinary Share for every 3 Existing Ordinary Shares\n \n \nThe Company has just been informed that due to an administrative failure by the Company's Registrars, Computershare Investor Services PLC, a significant number of shareholders, whose shares are held in CREST, have not received the Open Offer documentation dated 14th May 2010 in good time.  Accordingly, in order to ensure that a reasonable notice period is given to all shareholders to consider the terms of the Open Offer, the Company has decided to extend the General Offer by two weeks.  The revised timetable is as follows:\n \n\n\n\n\nRecord Date\n \n\n\n\n\n\nClose of business on 10 May 2010\n \n\n\n\n\nPublication of the document\n \n\n\n\n\n\n14 May 2010\n \n\n\n\n\nShares marked ex-entitlement to participate in the Offer\n \n\n\n\n\n\n14 May 2010 \n \n\n\n\n\nOpen Offer Entitlements (and any excess to the Open Offer Entitlements) credited to stock accounts in CREST of Eligible CREST Shareholders\n \n\n\n\n\n\n17 May 2010\n \n\n\n\n\nRecommended latest time for requesting withdrawal of Open Offer Entitlements (and any excess to the Open Offer Entitlements) from CREST\n \n\n\n\n\n\n4.30 p.m. on 14 June 2010\n \n \n\n\n\n\nLatest time and date for depositing Open Offer Entitlements and (and any excess to the Open Offer Entitlements) into CREST \n \n\n\n\n\n\n11.00 a.m. on 15 June 2010\n \n \n\n\n\n\nLatest time and date for splitting Application Forms (to satisfy bona fide market claims only)\n \n\n\n\n\n\n3.00 p.m. on 16 June 2010\n&nbs...

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