Home / Knowledge / News / Textiles / Go & Gamma to discuss delisting with NYSE Euronext Amsterdam
Go & Gamma to discuss delisting with NYSE Euronext Amsterdam
25
Feb '11
With reference to the press releases of 6 December 2010, 13 January 2011 and 15 February 2011 in connection with the Offer, Go Acquisition hereby announces that during the post-acceptance period which ended on 22 February 2011 at 18:00 hours CET 489,605 Ordinary Shares and 13,611 Ordinary Preference Shares have been tendered under the Offer. The number of Ordinary Shares that have been tendered during the post-acceptance period represents an interest of 6.5% of the Ordinary Shares. The number of Ordinary Preference Shares that have been tendered during the post-acceptance period represents an interest of 10.2% of the Ordinary Preference Shares.

Payment and delivery of tendered shares
On 28 February 2011 Go Acquisition will proceed towards payment of the offer price of EUR 29.00 per Ordinary Share that has been tendered and delivered during the post-acceptance period and EUR 3.50 per Ordinary Preference Share that has been tendered and delivered during the post-acceptance period. Following payment and delivery of the shares that have been tendered during the post-acceptance period, Go Acquisition will hold 7,275,967 Ordinary Shares, representing an interest of 96.8% in the issued and outstanding share capital of Gamma Holding, and 115,823 Ordinary Preference Shares, representing an interest of 86,4% in the issued and outstanding share capital of Gamma Holding. Following payment and delivery, Go Acquisition will hold 96.6% of the shares in the capital of Gamma Holding (and 98.2% excluding shares in the capital of Gamma Holding that are being held by Gamma Holding). Equal voting rights are attached to the Ordinary Shares and the Ordinary Preference Shares.

Delisting
Go Acquisition and Gamma Holding will discuss the delisting of shares in Gamma Holding with NYSE Euronext Amsterdam.

Squeeze-out
Following payment and delivery of the Ordinary Shares and Ordinary Preference Shares that have been tendered during the post-acceptance period, Go Acquisition will initiate squeeze-out proceedings in order to acquire all Ordinary Shares and Ordinary Preference Shares that have not been tendered.

Gamma Holding N.V.

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Textiles | On 24th May 2017

Starlinger unveils FX 8.0 circular loom for fabric making

Starlinger, a leading supplier of machinery for woven plastic...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search