This announcement contains the text of a letter from the Chairman of Touchstone Innovations plc that is being despatched to all shareholders of Touchstone Innovations plc and persons with information rights with respect to Touchstone Innovations plc.
The Board of Chisbridge (the “Potential Offeror”), a newly created company formed by Gary Ashworth, Chairman of InterQuest Group plc (“InterQuest”) Chris Eldridge Chief Executive Officer of InterQuest and David Bygrave, Chief Financial Officer of InterQuest notes the recent movement in InterQuest’s share price and confirms that it is evaluating making an offer for InterQuest at 42 pence per share in cash with a full loan note alternative (the “Offer”).
Ithaca Energy Inc. Delek Takeover – Compulsory Shares Acquisition
12 May 2017
Ithaca Energy Inc. (TSX: IAE; LSE: IAE) (“Ithaca” or the “Company”) announces that Delek Group Ltd. (“Delek”), through its affiliate DKL Investments Limited (the “Offeror”), has notified Ithaca that it intends to carry out a compulsory acquisition of all the remaining issued and outstanding common shares of the Company that are not currently owned by the Offeror following completion of the takeover offer (the “Compulsory Acquisition”) for a cash consideration of C$1.95 per share (the “Offer”) under the Business Corporations Act (Alberta). Under the terms of the Compulsory Acquisition, and subject to the terms of the Business Corporations Act (Alberta), the holders of all the remaining common shares not currently owned by the Offeror will be entitled to receive the same consideration per share as paid under the Offer, being C$1.95 in cash per share.
Following its announcement on 17 January 2017, Onzima Ventures Plc (“Onzima” or the “Company”), is pleased to announce the conditional acquisition of the remaining 51 per cent. of the issued shares of N4 Pharma Limited (“N4 Pharma”) which it does not already own (the “Acquisition”). Consideration for the Acquisition will be satisfied by the issue of 4,510,800 New Ordinary Shares and 4,591,400 Deferred Consideration Shares (post-Share Re-Organisation).
Share Talk spoke to Aidan Bishop, founder and Executive Director and Charles Barclay, Executive Director and COO of Bluebird Merchant Ventures Ltd today about today’s RNS “funding of the South Korea projects”
Those of you that know me initially from Twitter as @conkers3, will be well aware of my preference for buying undervalued contrarian stocks that have the potential catalyst of a turnaround. Of course this only forms part of the multi-faceted strategies within my whole portfolio.
Those you that know me initially from Twitter as @conkers3, will be well aware of my preference for buying undervalued contrarian stocks that have the potential catalyst of a turnaround. Of course this only forms part of the multi-faceted strategies within my whole portfolio.