RE: Familiar?....11 Jun 2020 14:50
RESPONSE TO VOLUNTARY TENDER OFFER
The Board of European Metals Holdings Limited ("European Metals", "EMH" or "the Company") (ASX & AIM: EMH) has been informed today that Krupa Global Investments a.s. ("Krupa"), together with Ceské Lithium a.s ("Czech Lithium") and partners, has purportedly made a voluntary tender offer to all shareholders in EMH for the acquisition of 29.9% of their shares at a price of 15.5p (or AUD$0.283) per share in cash. EMH has been informed by Krupa that it has made its tender offer announcement through certain media outlets, but so far as EMH is aware, Krupa has not made any announcement through a regulated information service such as RNS, nor to ASX, nor has it published any tender offer document containing detailed terms and conditions. The purported tender offer has been made unilaterally by Krupa and its associates and without prior consultation with EMH.
Shareholders are warned therefore, that before they take any action, they are recommended to seek their own financial advice immediately from an independent financial adviser who specialises in advising on shares or other securities and who is authorised under the Financial Services and Markets Act 2000 (as amended) ("FSMA") or, if not resident in the UK, from another appropriately authorised independent financial adviser in their own jurisdiction.
A copy of Krupa's announcement is set out in the Appendix A to this announcement without material amendment or omission.