| Corporate action description |
Event details
Corbiere holdings limited is offering to purchase in cash up to
11,904,000 common shares, including common shares represented by
Adss (in any combination of common shares and adss).
Withdraw privilege: no
Protect indicator: no
Corbiere expects payment for properly tendered adss accepted for
Purchase to be made within four (4) u.s. business days following
The expiration time.
There are two options:
A) option 1: to tender more than 1,000 adr
This option is for holders who wish to tender more than 1,000
Adss.
Tendering holders will receive usd 25.20 per ads tendered,
Subject to proration (with downward adjustments where necessary
To avoid the purchase of fractional securities.
B) option 2: tender less than 1,000 adr
This option is for holders tendering fewer than 1,000 adss.
Tendering holders will receive usd 25.20 per ads tendered
Such instructions, if accepted, will be exempt from any prorated
Acceptance.
Holders should not combine odd lot instructions with round lot
Instructions as the offer may be subject to proration.
Each securityholder may tender only one odd lot. If a
Securityholder tenders an odd lot, they may not make another
Tender of adss.
Important:
For the second option, one instruction per final beneficial
Holder must be sent.
Restrictions:
Please refer to the offering document for information relating to
Restrictions within the following countries: united kingdom,
Belgium, finland, france, ireland, italy, korea, sweden, taiwan,
United arab emirates.
The offer memorandum is not for distribution to any italian
Person or to any person or address in italy.
Tax:
Holders should consult their tax advisor for complete details in
Reference to withholding taxes.
No information has been received that would indicate that this
Offe is subject to irs plr 302.
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