Business
Acceptance of Offer
Acceptance of Offer.
About this update from Metals Exploration Plc
[{"type":"text","content":"\n RNS Number : 9375V Metals Exploration PLC 10 November 2010 \n \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART,\nDIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE\nTO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT\nLAWS OR REGULATIONS OF SUCH JURISDICTION\n \n10 November 2010\n \nMETALS EXPLORATION PLC\n \nCash Offer by Strand Hanson Limited on behalf of Solomon Capital Limited for the whole of the issued and to be issued ordinary share capital of Metals Exploration plc not already owned by Solomon Capital Limited (\"the Offer\")\n \nACCEPTANCE OF THE OFFER BY PARTIES ASSOCIATED WITH THE CHAIRMAN\nMetals Exploration plc (the \"Company\") announces that the Chairman of the Company has notified it that the holder of 305,000 shares in the Company in which he has a beneficial interest has accepted \"the Offer\". Mr. Holzberger has no further interest in the ordinary share capital of the Company.\nMr. Holzberger continues to hold 1,000,000 warrants at an exercise price of 20p, 1,000,000 warrants at an exercise price of 40p and 6,000,000 options in the Company at an exercise price of 25p directly, further details of which are disclosed in the Offer document, which can be viewed at the Company's website: www.metalsexploration.com.\n \nEnquiries:\nMetals Exploration plc +44 (0)20 7963 9540\nIan Holzberger +61 41 888 6165\nChairman\n \nWesthouse Securities Limited\nTim Feather / Matthew Johnson +44 (0)20 7601 6100\n \nConduit PR +44 (0)20 7429 6607\nEdward Portman / Leesa Peters +44 (0)7733 363 501\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END OUPMMMMMGGVGGZM \n ","length":3147,"tagName":"div"}]