On August 9, 2012, DMCI Holdings Inc. informed the investing public that a joint offer with D&A Income Ltd from the United Kingdom (UK) to acquire the entire issued and to be issued share capital of ENK PLC not already owned by the Joint Offerors or their associates was launched.
The Joint Offerors confirm that as at 9:00 a.m. (London time) on 4 September 2012, they have received valid acceptances in respect of a total of 89,563,410 Shares, representing approximately 34.2 per cent. of the entire issued share capital of ENK, including 88,769,093 Shares which were subject to irrevocable undertakings.
In addition, DMCI Holdings has acquired a further 15,555,000 Shares through market purchases, representing approximately 5.9 per cent. of the entire issued share capital of ENK.
Therefore, together with the 53,981,824 Shares, representing approximately 20.6 per cent of the entire issued share capital of ENK, owned by the Joint Offerors on 22 August 2012, the Joint Offerors now own or have received valid acceptances in respect of a total of 159,100,234 Shares, representing approximately 60.7 per cent of the existing share capital of ENK. - https://www.affordablecebu.com/
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"DMCI Holdings Inc. update on offer to acquire share capital of ENK PLC" was written by Mary under the Business category. It has been read 1678 times and generated 0 comments. The article was created on 06 September 2012 and updated on 06 September 2012.
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