- Release Date: 10/07/13 12:50
- Summary: GENERAL: TWR: Washington Securities Pty Limited - unsolicited offer
- Price Sensitive: No
- Download Document 1.65KB
TWR 10/07/2013 10:50 GENERAL REL: 1050 HRS Tower Limited GENERAL: TWR: Washington Securities Pty Limited - unsolicited offer 10 July 2013 Market Information NZX Limited Level 2, NZX Centre 11 Cable Street Wellington NEW ZEALAND Company Announcements Office Australian Stock Exchange Limited Exchange Centre Level 6, 20 Bridge Street Sydney NSW 2000 AUSTRALIA Washington Securities Pty Limited - unsolicited offer TOWER Limited (TOWER) has been advised that Washington Securities Pty Limited (Washington Securities) intends to make another unsolicited offer to some TOWER shareholders, offering to buy TOWER shares for $1.20 per share. The price offered of $1.20 per share is a substantial discount to the current market price of TOWER shares. The market price of TOWER shares on the NZX was $2.01 per share at close of trading on 9 July 2013. Should you as a TOWER shareholder receive such an offer, TOWER strongly recommends that you seek independent advice from your financial adviser and check the most recent market price for TOWER shares on the NZX or in the newspaper. Shareholders who sell through a sharebroker will receive the full market price, less any brokerage fees. Details for sharebrokers can be found at www.nzx.com. Under the Securities Markets (Unsolicited Offers) Regulations 2012, shareholders who choose to accept the offer have the right to cancel any acceptance not later than 10 working days after the date of acceptance. ENDS For further information, please contact: David Hancock Chief Executive Officer TOWER Limited Tel: + 64 9 369 2188 ARBN 088 481 234 Incorporated in New Zealand End CA:00238408 For:TWR Type:GENERAL Time:2013-07-10 10:50:47
- Forums
- NZX - By Stock
- Ann: GENERAL: TWR: Washington Securities Pty Limi
Ann: GENERAL: TWR: Washington Securities Pty Limi
Featured News
Add TWR (NZSX) to my watchlist
(20min delay)
|
|||||
Last
$1.38 |
Change
0.025(1.85%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
$1.36 | $1.38 | $1.35 | $382.9K | 280.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
0 | 29393 | $1.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.38 | 69047 | 0 |
Last trade - 11.00am 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
TWR (NZSX) Chart |