SQIF Capital JSC, acting in its own name on behalf of Adaptive Capital Limited, a subsidiary of Globaltrans Investment PLC, announces the launch of a tender offer.
The Tender Offer becomes effective on 25 November 2024, and the application period begins on 27 November 2024 and is expected to be completed, including relevant settlements, on 23 December 2024.
GDR holders meeting the established requirements as of the record date, as defined below, may submit their applications on the exchange of the Astana International Financial Centre, the Astana International Exchange (AIX). Only GDRs held in the depository, Astana International Exchange Central Securities Depository Limited, are eligible to participate in the Tender Offer.
The Tender Offer provides for daily settlements.
An application may be submitted by a GDR holder meeting the established requirements through an AIX trading member (Broker), except where such holder is itself an AIX trading member, in which case no Broker is required.
The Tender Offer price is set at USD 4.3 per GDR, reflecting the volume-weighted average market price of the Company's GDRs on AIX since trading began.
The Tender Offer covers up to 26,747,738 eligible GDRs, representing approximately 15% of the share capital of Globaltrans Investment PLC.
Additional requirements for holders and the terms of the Tender Offer are set out in the memorandum.
Globaltrans Announces Tender Offer
SQIF Capital JSC contact information:
e-mail: bb@sqif.kz
Phone:
+7 (778) 003-03-77 (for non-English speakers)
+7 (778) 003-03-76 (for English speaking clients)
TG: @SQIF_CAPITAL
WA: wa.me/message