Mandatory offer by Softlogic holdings limited to acquire all the ordinary shares of Asiri Hospital Holdings PLC.

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Asiri Hospital Holdings
Asiri Hospital Holdings

 

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Today 2nd February 2011, the Asiri Hospital Holdings PLC announced Colombo Stock Exchange that 94, 028, 055 shares have accept to sell their shares at the Price of Rs. 9.00.  

As per Asiri Hospital Holdings PLC announced today

  No of shares  Percentage 
Acceptance of the offer have been received             94,028,055  10.57% 
Held by Softlogic holdings limited and parties acting in concert with the offeror before the offer period           323,858,475  36.42% 
Acquired During the offer Period             41,769,190  5% 

   

Softlogic holdings limited ownership as at 1st December 2010

As per the announcement made by Asiri Hospital Holdings PLC on 1st December 2010, the Softlogic holdings limited hold 30.23% of Asiri Hospital Holdings PLC.  

The Company feather says

Name of Offeror Date of Purchase No of Ordinary shares Percentage  
Softlogic Holdings Limited Prior to 30.11.2010        179,021,200 20.13%
Softlogic Holdings Limited 30.11.2010          89,787,005 10.10%
Total          268,808,205 30.23%

   

The owned parties acting in concert with Softlogic holdings limited as follows,

Name of the company No of shares Percentage
Softlogic Communications (Pvt) Ltd            2,040,580 0.23%
Softlogic Trading (Pvt) Ltd          24,141,740 2.71%
Softlogic International (Pvt) Ltd          28,867,950 3.25%
Total          55,050,270 6.19%

   

Therefore the Total shares held by offeror is 323,858,475 and the percentage of 36.42%  

 Mandatory offer

 Softlogic holdings limited offer to purchase all remain 565,404,575 ordinary shares [63.58%] of Asiri Hospital Holdings PLC at the price of Rs.9.00 per share.  

Source: http://www.cse.lk/cmt/uploadAnnounceFiles/7461291263079_512.pdf  

http://www.cse.lk/cmt/uploadAnnounceFiles/861292909673_512.pdf  

http://www.cse.lk/cmt/uploadAnnounceFiles/6241295944489_512.pdf  

http://www.cse.lk/cmt/uploadAnnounceFiles/4171296635323_512.pdf

http://www.cse.lk/cmt/upload_cse_announcements/8371296719618_.pdf


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