Zenith Pure Oil declares the public tender offer made for the ordinary shares of TVK as successful
Zenith Pure Oil and Gas Public Limited Company (“Zenith Pure Oil”) as Offeror hereby announces that its Public Tender Offer made for all ordinary registered shares issued by Tisza Chemical Group Public Limited Company not yet owned by Zenith Pure Oil was concluded on 5 March 2015.
1,028,926 ordinary shares (82.4% of the Free Float) of TVK Plc. were validly offered to Zenith Pure Oil under the terms of the Public Tender Offer. Zenith Pure Oil accepts the shares offered and declares the Public Tender Offer as successful.
In case that all of the Offer’s preconditions are met and Zenith Pure Oil purchases the offered shares, its stake in TVK Plc. will increase from 94.86% to 99.10%
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