Resultados de la Oferta Pública de Adquisición
Grupo Rathbones
1,608.00p
16:40 26/04/24
NO PARA SU DIVULGACIÓN, PUBLICACIÓN O DISTRIBUCIÓN, EN SU TOTALIDAD O EN PARTE, DIRECTA O INDIRECTAMENTE EN, HACIA O DESDE CUALQUIER JURISDICCIÓN DONDE HACERLO CONSTITUIRÍA UNA VIOLACIÓN DE LAS LEYES O REGULACIONES CORRESPONDIENTES DE ESA JURISDICCIÓN
Este anuncio contiene información privilegiada
5 de diciembre 2023
Town Center Securities PLC
(El 'Grupo' o la 'Compañía')
Resultados de la Oferta Pública de Adquisición
The Company today announces the results of the Tender Offer, as set out in the shareholder circular published by the Company on 8 November 2023 (the "Circular"), which closed on 1 December 2023.
En total, 6,292,920 Ordinary Shares will be purchased via the Tender Offer at a price of 145.0p per Ordinary Share for a total cost of £9.125m. This represents approximately 13.0% del capital social emitido de la Sociedad.
It is anticipated that by 18 December 2023, the proceeds payable to the Company's Shareholders for the certificated Ordinary Shares purchased under the Tender Offer will be despatched in the form of a cheque and that CREST account holders will have their CREST accounts credited too by 18 December 2023.
Tal como se establece en la Circular, Liberum comprará las Acciones Ordinarias de conformidad con la Oferta Pública de Adquisición y la Compañía comprará dichas Acciones Ordinarias a Liberum.
Following such purchase, the Company intends to cancel such Ordinary Shares, reducing its Issued Ordinary Share Capital from 48,455,599 Ordinary Shares to 42,162,679 Acciones ordinarias. esta figura de 42,162,679 Ordinary Shares may be used by Shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Ordinary Shares under the FCA's Disclosure Guidance and Transparency Rules.
Following completion of the purchase of Ordinary Shares pursuant to the Tender Offer, the Concert Party will be interested in a total of 57.0% of the reduced Issued Ordinary Share Capital. As a consequence, the Concert Party remains free to purchase additional shares, if required, without being subject to any obligation to make a general offer under Rule 9 of the Takeover Code.
Following the purchase of Ordinary Shares pursuant to the Tender Offer, the percentage of Ordinary Shares in the Company held beneficially by the public will fall below the 35% threshold required for the Company not to be considered a 'close company' for UK taxation purposes. As such, the Company will automatically lose its REIT status with effect from 30 June 2023, as the Company will no longer meet the 'close company condition' under the REIT legislation. The loss in REIT status will result in the Group's profits and gains being subject to corporation tax, from 1 July 2023, at the standard corporation taxation rate of 25%. Further information regarding the close company condition and the implications and consequences that may arise as a result of the loss of REIT status, were set out in Part IV (Risk Factors) and in Section B (the UK REIT Regime and UK Taxation) of Part VI of the Circular.
Capitalised terms used in this announcement have the meanings given to them in the announcement of the Company dated 8 November 2023 in respect of the Tender Offer.
EXTREMOS
Para más información, por favor póngase en contacto con:
Town Center Securities PLC
Edward Ziff, presidente y director ejecutivo
Ben Ziff, director general: CitiPark PLC, TCS Energy & Technology
Stewart MacNeill, director financiero del grupo
www.tcs-plc.co.uk / @TCS PLC
0113 222 1234
liberum
Jamie Richards / Lauren Kettle / Nikhil Varghese
020 3100 2123
MHP
Reg Hoare/Matthew Taylor
020 3128 8100
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