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RCS - Quarto Group Inc - Tender Offer

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RNS Number : 1573A  Quarto Group Inc  18 January 2024

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

FOR IMMEDIATE RELEASE

18 January 2024

 

 

 

THE QUARTO GROUP INC.

 

(the "Company")

 

Tender Offer

 

Further to the announcement made on 30 November 2023 and the shareholder
circular dated 30 November 2023 (the "Circular"), the Company is pleased to
announce that the Tender Offer is being launched today. Shareholders will be
posted a tender offer document (including a tender form where applicable)
which contains further information on the terms of the Tender Offer and
details of how to accept the Tender Offer ("Tender Document").

The terms of the Tender Offer are on substantially the same terms as those set
out in the brief summary included in the Circular. However, the Tender Offer
is now being made in relation to an increased number of Common Shares in order
to improve the opportunity for all shareholders to participate in the Tender
Offer. The offer to purchase the increased amount of 11,276,774 Common Shares
means that the Company is offering to purchase all Common Shares that are
currently in issue, save for any Common Shares held by certain individuals
that entered into irrevocable undertakings not to accept the Tender Offer (see
Circular for further details).

A copy of the Tender Document and this announcement will be made available at
the Company's website: https://www.quarto.com/aboutus/investornews.aspx.

Unless otherwise defined herein, capitalised terms have the same meaning as
those defined in the Circular.

For further information, please contact:

 

 The Quarto Group Inc.
 Daniel Logan, Group Finance Director  +44 (0)20 7700 6700
 Michael Clarke, Company Secretary

 

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