Brief: Offer To Purchase For Cash By Tetragon Financial Group Limited

Tetragon Financial

09/03/2023 07:14

March 9 (Reuters) - TETRAGON FINANCIAL GROUP LIMITED
 TFG.AS :
    * OFFER TO PURCHASE FOR CASH BY TETRAGON FINANCIAL GROUP
LIMITED
    * OFFERS TO PURCHASE FOR CASH $25,000,000 IN VALUE OF
NON-VOTING
SHARES, PAR VALUE $0.001 PER SHARE (THE “SHARES”), OF TETRAGON,
AT A PRICE NOT GREATER THAN $11.00 PER SHARE NOR LESS THAN $9.25
PER SHARE, IN CASH
    * AT MAXIMUM PURCHASE PRICE OF $11.00 PER SHARE, TETRAGON
WOULD
PURCHASE 2,272,727 SHARES IF OFFER IS FULLY SUBSCRIBED, WHICH
WOULD REPRESENT APPROXIMATELY 2.74% OF TETRAGON’S ISSUED AND
OUTSTANDING SHARES
    * BOARD OF DIRECTORS OF TETRAGON, AND POLYGON CREDIT
HOLDINGS II
LIMITED, THE HOLDER OF ALL OUTSTANDING VOTING SHARES OF TETRAGON
(THE “VOTING SHAREHOLDER”), HAVE EACH AUTHORIZED TETRAGON TO
MAKE THE OFFER

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nPRr988E1a
 Further company coverage:  TFG.AS 

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