Full details on the CLS Holdings corporate action, including instructions on how to participate, the options available to you, and any deadline applicable.
CLS Holdings – Tender Offer

CLS Holdings – Tender Offer

Corporate action reference 201601273

Please note we must be in receipt of your instruction by 7 September 2016

EVENT TERMS:

Record Date: 12 September 2016

The Company is proposing to distribute GBP 7.2 million to shareholders by way of a Tender Offer Buy Back of 1 in 100 shares at GBP 17.50 per share

Holders can tender none, some or all of their shares with tenders in excess of a shareholders basic entitlement of 1 in 100 only satisfied to the extent that other shareholders tender less than their basic entitlements.

As you hold your shares with a nominee you may have your election scaled back by a greater or lesser percentage than you would if you held your shares in your own name.

If you would like further information about the terminology used in this notification, please visit our Ask a Question site.

EVENT OPTIONS:

Option 1: Cash - Basic Entitlement

Option 2: Oversubscribe

To reply to this event, please use the below link stating which option you would like to take.

Option 3 - No Action (DEFAULT)

IF YOU WANT TO TAKE NO ACTION, OPTION 3, PLEASE DO NOT REPLY.

ADDITIONAL INFORMATION

We expect to receive the proceeds on or around 22 September 2016. We will aim to update your account within five business days of receipt.

Overseas residents should consult their professional advisers as to whether they require any governmental or other consents or need to observe any other formalities to enable them to participate in the offer.

By accepting the offer, you will be representing to us that local laws and regulatory requirements have been complied with, including the obtaining of any governmental, exchange control and other consents that may be required and the payment of any issue, transfer or other taxes or duties due in that jurisdiction.

Please note that this page does not constitute investment or tax advice. If you are unsure of what option to take, or if you are in any doubt as to your tax position, please contact your financial advisor.

If you are an ISA or SIPP client your options may differ.

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