Rensburg AIM VCT Plc Result of Tender Offer (4501H)
01 December 2015 - 6:00PM
UK Regulatory
TIDMRSB
RNS Number : 4501H
Rensburg AIM VCT Plc
01 December 2015
RENSBURG AIM VCT PLC
RESULTS OF TENDER OFFER
The Board of Rensburg Aim VCT PLC (the "Company") is pleased to
announce the results of its tender offer (the "Tender Offer")
details of which were contained in a circular sent to shareholders
on 27 October 2015 (the "Circular") and which was approved at a
general meeting of the Company held on 27 November 2015.
Valid applications for 7,539,920 ordinary shares of 5p each in
the capital of the Company were received. All of these applications
have been accepted in full at a Tender Price, calculated in
accordance with the Circular, of 39.16 pence per share.
The shares repurchased by the Company under the Tender Offer,
constituting 20.2% of the Company's issued share capital as at 27
November 2015, will be cancelled and not reissued. Following the
implementation of the Tender Offer the Company will have 29,705,485
shares in issue with a total number of 29,705,485 voting
rights.
It is expected that CREST accounts will be credited with
proceeds in respect of successfully tendered uncertificated shares
on or before 14 December 2015 and that cheques in respect of
successfully tendered certificated Shares will be dispatched on or
before the same date.
Terms used in this announcement shall, unless the context
otherwise requires, have the same meaning given to them in the
Circular.
Barry Anysz
Director
0113 245 4488
This information is provided by RNS
The company news service from the London Stock Exchange
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