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Compulsory Acquisition
Recommended Mandatory Cash Offer by Citrus UK Bidco Limited (Bidco).
95 pence for each easyHotel PLC share held.
Please be advised that Bidco intends to make an application to the London Stock Exchange for the cancellation of the admission to trading of the easyHotel share, we will now take up the offer on behalf of all our remaining shareholders.
Should you prefer for us not to accept the Offer on your behalf and wish to withdraw your holding as a certificate (usual charges apply), please contact our call centre before 26th September 2019 to advise us not to accept the Offer.
Important Information & Other Key Dates:
On 5th August 2019, The Board of Bidco and the Independant easyHotel Directors announced they had reached an agreement on the terms of a recommended Cash Offer (Offer) by Bidco. Bidco is a consortium comprised of Cadim Foods, part of Ivanhoe Cambridge and ICAMAP Investments.
As Bidco has received acceptances under the Offer amounting to more than 90 percent of the outstanding easyHotel shares, it has announced that it is exercising its rights under section 979 of the Companies Act 2006 to compulsory acquire all the remaining shares on the same terms as the Offer.
The Offer Price represents a premium of approximately 34.8 percent to the Closing Price of 70.5 pence per easyHotel share on 2nd August 2019, this being the last Business Day prior to the commencement of the Offer.
Should you wish to find more information about the Offer, please visit https://www.easyhotel.com/.
I am an novice in shares, Please can anyone tell me if I can do anything to keep my shares. I don't want to sell but it seems they are going to take them off of me anyway.
any advice welcome
Signed but currently only 1306 signatures. Need 10,000 for it to be considered
Link to sign: https://petition.parliament.uk/petitions/269824/signatures/new
359 Euros for two of us, for 6 nights
Just stayed a few nights in Berlins hotel, room has bed, shower, toilet & a tv over the bed. every thing you need in a small space, but I think for an extra couple of feet in the size of the room you could get somewhere to store your clothes. It is on Rosenthaler strasse which is near to places to eat, shops, Hackecher market, train station and not far from the Brandedburg gate. All in all I think its location is perfect for a Berlin visit, with friendly staff
I am 71% down on my investment here, no point in selling. I hope it can turn around , but I am looking at it as losing my money. lost the faith
I have a week in Easy hotel in Berlin in about 7 weeks time, I figure if I have shares in them , I would be silly to stay in another hotel
remain or leave , we have voted, like it or not that is real democracy. to have another peoples vote would make a joke of democracy. how many votes will we have till you get the result you want
.
This looks like it will continue to grow in value for at least the next ten years, I am watching it for now. I am thinking of buying some. Does anyone have any thoughts on this one?
How do people see this share price move over the next couple of years until production?
I only have 2k shares in this and I am not experienced and would just like to see what people think