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RNS Number : 1487V Roemer Capital (Europe) Limited 29 January 2025
Issuer: Roemer Capital (Europe) Limited / Key word(s): Miscellaneous
ROEMER CAPITAL INVITES CERTAIN HOLDERS TO TENDER ETALON GROUP GDR (ISIN:
US29760G1031, Bloomberg: ETLN LI)
29.01.2025 / 11:50 CET/CEST
The issuer is solely responsible for the content of this announcement.
NOT FOR RELEASE, PUBLICATION DISTRIBUTION OR USE, IN WHOLE OR IN PART, IN THE
UNITED STATES OF AMERICA OR OTHERWISE BY, IN, INTO FROM OR TO ANY JURISDICTION
OR PERSON WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF ANY LAW OR REGULATION
29 January 2025
ROEMER CAPITAL (EUROPE) LIMITED
Announcement of Invitation to Voluntary Tender
to the holders of Global Depositary Receipts representing interest in ordinary
shares of Etalon Group Limited (ISIN: US29760G1031, Bloomberg: ETLN LI)
("GDRs")
THIS INVITATION WILL EXPIRE AT 16:00 UTC ON 26 FEBRUARY 2025 ("EXPIRATION
TIME").
Roemer Capital (Europe) Limited (the "Purchaser") is inviting certain holders
of GDRs to tender for the sale of up to 25,600,000 units of GDRs for cash at
a purchase price of USD 0.41 per 1 GDR (the "Purchase Price"), subject to
the terms and conditions set out the Invitation to Voluntary Tender Memorandum
(the "Memorandum") and template tender instructions (the "Tender Instruction")
each available on the designated website https://roemercapital.com/news/etln/
(https://roemercapital.com/news/etln/) (collectively, the "Tender
Documents").
The Purchaser is a private company limited by shares, incorporated and
registered in the Republic of Cyprus with company number HE 333287, whose
registered office is at Georgiou Karaiskaki, 17, LIMASSOL BUSINESS CENTRE,
Floor 4, Office 4, 3032 Limassol, Cyprus. The Purchaser is authorised and
regulated by the Cyprus Securities and Exchange Commission of P.O. BOX 24996,
1306 Nicosia, Cyprus, CIF Licence Number 305/16. The Purchaser is not
affiliated with and is not acting on behalf of Etalon Group Limited or its
management.
TENDER DOCUMENTS
Memorandum: Link
(https://roemercapital.com/files/disclosures/Invitation%20to%20Voluntary%20Tender%20Memorandum%20ETLN.pdf)
Template Tender Instruction: Link
(https://roemercapital.com/files/disclosures/website%20announcement%20ETLN.docx)
THE INFORMATION CONTAINED IN THE TENDER DOCUMENTS IS ADDRESSED EXCLUSIVELY TO
ELIGIBLE SELLERS (AS DEFINED IN SECTION 3 OF THE MEMORANDUM) AND THEIR
AUTHORISED REPRESENTATIVES AND AGENTS.
OR THE AVOIDANCE OF DOUBT, GDRs THAT ARE NOT AVAILABLE FOR SETTLEMENT THROUGH
EUROCLEAR BANK SA/NV AND/OR CLEARSTREAM BANKING S.A. SETTLEMENT SYSTEMS
(INCLUDING, WITHOUT LIMITATION, ANY GDRs HELD THROUGH DEPOSITARY TRUST
COMPANY) ARE NOT DEEMED ELIGIBLE GDRs FOR THE PURPOSE OF THE MEMORANDUM.
THE PURCHASER EXPRESSLY RESERVES ITS RIGHTS, IN ITS SOLE AND ABSOLUTE
DISCRETION, TO REJECT ANY TENDER INSTRUCTIONS, NOT TO ACCEPT ANY TENDERED
GDRs, NOT TO PURCHASE ANY ELIGIBLE GDRs OR TO EXTEND, RE-OPEN, WITHDRAW OR
TERMINATE THE TENDER DOCUMENTS AND TO AMEND OR WAIVE ANY OF THE TERMS AND
CONDITIONS OF THE TENDER DOCUMENTS IN ANY MANNER. THE PURCHASER WILL NOT IN
ANY CIRCUMSTANCES BE LIABLE FOR ANY COSTS, EXPENDITURE, WORK OR EFFORT
INCURRED BY ANY TENDERER IN CARRYING OUT ENQUIRIES IN RELATION TO, PROCEEDING
WITH, OR PARTICIPATING IN, ANY TRANSACTION UNDER THE TENDER DOCUMENTS,
INCLUDING IF THE TENDER DOCUMENTS ARE WITHDRAWN, TERMINATED OR AMENDED BY THE
PURCHASER.
THE PURCHASER MAKES NO RECOMMENDATION AS TO WHETHER AN ELIGIBLE SELLER SHOULD
OR SHOULD NOT TENDER ELIGIBLE GDRs PURSUANT TO THE TENDER DOCUMENTS. ALL
ELIGIBLE SELLERS SHOULD SEEK THEIR OWN FINANCIAL AND LEGAL ADVICE.
THE PURCHASER SHALL NOT BE LIABLE IF THE SETTLEMENT OF ANY TRANSACTION ENTERED
INTO IN ACCORDANCE TO THE TENDER DOCUMENTS COULD NOT BE COMPLETED FOR ANY
REASON.
NEITHER THIS ANNOUNCEMENT NOR THE ELECTRONIC TRANSMISSION THEREOF CONSTITUTES
AN OFFER TO BUY OR THE SOLICITATION OF AN OFFER TO SELL THE GDRs (AND TENDERS
OF GDRs FOR PURCHASE PURSUANT TO THE INVITATION TO TENDER WILL NOT BE ACCEPTED
FROM ELIGIBLE SELLERS) IN ANY CIRCUMSTANCES IN WHICH SUCH OFFER OR
SOLICITATION IS UNLAWFUL.
FOR FURTHER INFORMATION
Roemer Capital (Europe) Limited
Georgiou Karaiskaki, 17
LIMASSOL BUSINESS CENTRE, Floor 4, Office 4
3032 Limassol
Cyprus
https://roemercapital.com/news/etln/ (https://roemercapital.com/news/etln/)
etln@roemercapital.com (mailto:etln@roemercapital.com)
Bloomberg EMSX ID: ROME
Dissemination of a Corporate News, transmitted by EQS News - a service of EQS
Group.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
Language: English
Company: Roemer Capital (Europe) Limited
Georgiou Karaiskaki 17 Limassol Business Centre
3032 Limassol
Cyprus
Internet: https://roemercapital.com/
EQS News ID: 2077217
End of News EQS News Service
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