irrelevant statements in rns6 Apr 2023 23:26
What a load of crap reffering to the stock price from a year and more ago!!!! they are taking us for fools
· Under the terms of the Offer, each Scheme Shareholder will be entitled to receive 44 pence for each Scheme Share held (the "Cash Value"), comprising for each Scheme Share:
42 pence in cash (the "Cash Offer")
and
a special dividend of 2 pence (the "Special Dividend")
· The Cash Value of 44 pence for each Scheme Share values the entire issued and to be issued ordinary share capital of Xpediator at approximately £62,342,907, and represents a premium of approximately:
- 45.5 per cent. to the Closing Price of 30.3 pence per Xpediator Share on 19 December 2022 (being the last Business Day before the date of the commencement of the Offer Period);
- 18.9 per cent. to the Closing Price of 37.0 pence per Xpediator Share on 5 April 2023 (being the last Business Day before the date of this Announcement); and
- 79.7 per cent. to the volume weighted average Closing Price of 24.5 pence per Xpediator Share for the three-month period ended 19 December 2022.