Member Info for Stalin_ESQ

25m FULL ASK

Incredible buying pressure

Ear ear

Wrong board, massive apols from moscow

RNS OUT !

WOWOWOWOOWOWOWOWWOO

😎😎😎😎😎

1 trade = RNS LOGGED

😎😎😎😎😎😎

The first proposal comprised 62.9 pence in cash and 0.203 new Volex shares per TT Electronics share which implied, at the time of the first proposal, a price of 129.0 pence per TT Electronics share, and the second proposal comprised 62.9 pence in cash and 0.223 new Volex shares per TT Electronics share which implied, at the time of the second proposal, a price of 135.5 pence per TT Electronics share (together, the "Volex Proposals")(1). The Board of TT Electronics has declined to engage with Volex and rejected each of the Volex Proposals.

Based on the price of Volex shares as at the close of business on 14 November 2024 (being the latest practicable date prior to the date of this announcement), Volex's latest proposal, consisting of 62.9 pence in cash and 0.223 new Volex shares per TT Electronics share (the "Second Proposal"), now implies a value of 139.6 pence per TT Electronics share, values the fully diluted share capital of TT Electronics at £248.6m and implies a premium of:

· 76.7 per cent. to TT Electronics closing price of 79.0 pence as at the close of business on 14 November 2024 (being the latest practicable date prior to the commencement of the offer period on 15 November 2024); and

· 73.2 per cent. to the one month volume weighted average price for TT Electronics shares as at the close of business on 14 November 2024.

Would imagine a rights issue or some other capital raise required

F_O_M_O

Hello 57

0.5 million buy at 55.9

Hello 56

Will go into auction again v soon

68 coming

Auction

RNS logged

1 trade