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Last Trade - 28/07/17

Sector
Basic Materials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £95.3m
Position in Universe th / 1838

Rich Pro Inv. Ltd ASA Resource Grp PLC - Offer Closed

Fri 15th December, 2017 4:23pm
RNS Number : 5589Z
Rich Pro Investments Limited
15 December 2017

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

For immediate release

CASH OFFER

by

RICH PRO INVESTMENTS LIMITED ("RPI")

for

ASA RESOURCE GROUP PLC ("ASA")

-----------------

OFFER CLOSED

RPI announces that, further to its announcement of 21 November 2017, the Offer closed at 1.00 p.m. (London time) on 15 December 2017. For the avoidance of doubt, it is therefore no longer possible for ASA Shareholders to accept or withdraw their acceptance of the Offer.

For the purposes of the Disclosure and Transparency Rules published by the FCA, following closing of the Offer, RPI is now legally and/or beneficially interested in 1,022,228,835 ASA Shares representing 60.41 per cent. of ASA's issued share capital.

Settlement of the consideration due under the Offer has been and will be effected in the manner set out in the Offer Document (and as summarised in the announcement by RPI of 21 November 2017).

The capitalised terms used butnotdefined in this announcement shall have the meaning given to them intheOffer Document.

Enquiries:

Rich Pro Investments Limited

Bian Qi +86 571 5812 1566

finnCap Limited (financial adviser to RPI)

Henrik Persson 020 7220 0500

James Thompson

FTI Consulting (PR adviser to RPI)

Ben Brewerton 020 3727 1000

Kim Camilleri

Ntobeko Chidavaenzi

finnCap, which is authorised and regulated by the Financial Conduct Authority in the United Kingdom, is acting exclusively for RPI and no one else in connection with the Offer and will not be responsible to anyone other than RPI for providing the protections afforded to clients of finnCap nor for providing advice in relation to the Offer, the content of this announcement or any other matter or arrangement referred to herein.


This information is provided by RNS
The company news service from the London Stock Exchange
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