Sign In
Last checked at 
27 Aug 2008 15:41
ο»Ώ
Triple Point VCTΒ plcΒ Acceptance of Tender
Triple Point VCTΒ plc (the "Company")Β has pleasure inΒ announcingΒ thatΒ pursuant to theΒ circular (the "Circular")Β that wasΒ posted to shareholdersΒ relatingΒ to proposals for a tender offer for the Company to purchase up to 4,000,000 million of its ordinary shares at 92p per share (the "Tender Offer"), tenders forΒ 3,390,537Β ordinary sharesΒ (the "Ordinary Shares")Β have been accepted, beingΒ 10.6Β % of the issued share capital of the Company and which will result in the return of Β£33,905.37Β ofΒ the Company'sΒ capital.
AΒ special resolutionΒ (the "Special Resolution") was passedΒ at the AnnualΒ GeneralΒ Meeting of the Company held on 27 August 2008Β approving the Tender Offer,Β and the contract to be entered into by the Company andΒ those shareholders participating in the Tender OfferΒ for the purpose of giving effect to the Tender Offer, as set out in theΒ Circular.
It is intended that the purchase by the Company of theΒ OrdinaryΒ Shares, and the despatch of consideration toΒ thoseΒ shareholdersΒ tendering the Ordinary Shares, will be completed byΒ 29 AugustΒ 2008.Β
A copy of theΒ Special ResolutionΒ has been submitted to the UK Listing Authority and will be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at:
Financial Services Authority
25 The North ColonnadeCanaryΒ Wharf
LondonΒ E14 5HS
For further information, please contact:
Peter HargreavesΒ onΒ 01534 814 618 or David Dick on 020 7404 7403
Follow the stocks
