Business
Result of Tender Offer
Result of Tender Offer.
About this update from Sigmaroc Plc
[{"type":"text","content":"\n \nRNS Number : 2358G Messaging International Plc 04 June 2013 \n \n\nThe following amendment has been made to the 'Result of Tender Offer' announcement released on 3 June 2013 at 12.34pm under RNS No 1407G.\n \nThe Basic Entitlement of all Shareholders who have validly tendered their shares will be accepted in full at a price of 1 pence per Share and excess tenders will be satisfied to the extent of approximately 75.63855 per cent. of the excess shares tendered.\n \nAll other details remain unchanged.\n \nThe full amended text is shown below.\n \nMessaging International Plc\n('Messaging International' or 'the Company')\n \nResult of Tender Offer \n \nMessaging International, the AIM traded provider of innovative messaging services, is pleased to announce that at the General Meeting of the Company held today, the resolution set out in the Notice of General Meeting dated 17 May 2013 was duly passed. \n \nFollowing the close of the Tender Offer on 31 May 2013, acceptances had been received in respect of 48,397,475 ordinary shares in the Company. As a result, the Basic Entitlement of all Shareholders who have validly tendered their shares will be accepted in full at a price of 1 pence per Share and excess tenders will be satisfied to the extent of approximately 75.63855 per cent. of the excess shares tendered. Therefore, 39,999,999 shares will be repurchased at 1 pence per Share by the Company under the Tender Offer and subsequently cancelled. \n \nPayment of the consideration due to Shareholders whose tenders under the Tender Offer have been accepted is expected to be dispatched (by cheque or by a CREST payment, as appropriate) on or around 10 June 2013.\n \nFollowing the implementation of the Tender Offer and the cancellation, the Company will have 115,872,148 Shares in issue. \n \n \nAs a result of the Tender Offer and subsequent cancellation of ordinary shares tendered, Geoffrey Simmonds, non-executive director of the Company, now has a beneficial interest in 4,340,082[1] Shares representing approximately 3.75 per cent. of the issued share capital of the Company.\n \nDefined terms in this announcement are as those set out in the Circular.\n \n \n- Ends -\n \n\n\n\n\nFor further information visit www.telemessage.com \nor contact: Guy Levit \n\n\nM...