LONDON ASIA CAPITAL PLC – POSSIBLE ACQUISITION OF SHARES
CORPORATE ACTION REFERENCE: 201501389
PLEASE NOTE WE MUST BE IN RECEIPT OF YOUR INSTRUCTION BY 14 OCTOBER 2015.
Possible acquisition of shares
As discussed at the Annual General Meeting, the company is working to put in place a mechanism by which shareholders who wish to sell their shares in the company would be able to do so. However, before expending further management time or additional expense on the matter the company would like to understand whether there is sufficient high expression of interest to proceed. Accordingly, the company wishes to try to obtain an indication from shareholders as to how many shareholders would be prepared to sell some or all of their shares now and how many shares this would amount to.
As a result, the company are conducting a survey of their Shareholder Register to gauge shareholders’ interest in selling their shares. The price which may be paid for shares is likely to be around 2p per share.
We therefore request you to indicate whether you would be prepared to sell some or all of your shares and should the company decide to proceed with the acquisition that you are happy for us to action this on your behalf.
PLEASE NOTE DUE TO THE SHORT TIMESCALES OF THIS EVENT IF YOU EXPRESS AN INTEREST IN SELLING YOUR SHARES WE WILL CARRY OUT THIS INSTRUCTION SHOULD THE ACQUISITION GO AHEAD.
Option 1: Cash
Option 2: No Action: (Default)
IF YOU WANT TO TAKE NO ACTION, OPTION 2, PLEASE DO NOT REPLY.
We will aim to update your account within 5 business days of receiving them.
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 potential 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.