- Release Date: 05/08/13 10:30
- Summary: GENERAL: POT: UNSOLICITED OFFER TO BUY SHARES
- Price Sensitive: No
- Download Document 1.47KB
POT 05/08/2013 08:30 GENERAL REL: 0830 HRS Port of Tauranga Limited (NS) GENERAL: POT: UNSOLICITED OFFER TO BUY SHARES Port of Tauranga Limited has been advised that a company called Washington Securities Pty Limited is making an unsolicited offer to some holders of the Company's shares. The price being offered by Washington Securities is $8.00 per share which is over 40% less than today's share price. The proposed offer is expected to open on 6 August 2013 and close on 24 September 2013. As the offer is significantly less than the current market value of Port of Tauranga shares, it is strongly recommended that any shareholder who receives such an offer seek independent advice from a share broker, accountant or solicitor. Shareholders that hold a small number of Port of Tauranga shares who think it too expensive or difficult to sell that small holding may think that the offer from Washington Securities Pty Limited is convenient. However, those shareholders are urged to first contact a share broker to discuss this, as this may not be the case. For a list of share brokers, see NZX website www.nzx.com. The Unsolicited Offers Regulations give shareholders the right to cancel any acceptance of the offer from Washington Securities Pty Limited up to 10 working days after the date of the acceptance. For further details, contact: Steve Gray Chief Financial Officer Port of Tauranga Limited Ph: 027 245 7473 End CA:00239267 For:POT Type:GENERAL Time:2013-08-05 08:30:03
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Ann: GENERAL: POT: UNSOLICITED OFFER TO BUY SHARE
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Last
$5.98 |
Change
-0.010(0.17%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
$5.99 | $6.01 | $5.94 | $3.543M | 590.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
0 | 3175 | $5.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.00 | 3400 | 0 |
Last trade - 11.00am 04/10/2024 (20 minute delay) ? |
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