Candy bids for Metals Exploration
23rd Jul 2010 08:29
Multi-millionaire property developer Christian Candy’s has launched a mandatory offer to buy all the shares in Metals Exploration he doesn’t own for 13p each. Solomon Capital, Candy’s private investment vehicle, last year acquired a 44.1% stake in the Philippines-focused nickel and copper miner. T
Read moreMetals Exploration Gets GBP35.8M Offer From Christian Candy
23rd Jul 2010 07:53
LONDON (Dow Jones)--Property tycoon Christian Candy Friday offered to acquire gold and molybdenum miner Metals Exploration PLC (MTL.LN) for GBP35.8 million. Candy's investment vehicle Solomon Capital pitched its offer at 13 pence a share, a 27% premium to Metals Exploration's closing price Thurs
Read moreSolomon Capital Ltd Offer For Metals Exploration -8-
23rd Jul 2010 07:00
| | as to acceptances and (iii) the date on | | | which the Offer lapses or is withdrawn; | | | | +-------------------+----------------------------------------------+ | "Offer Price" | 13
Read moreSolomon Capital Ltd Offer For Metals Exploration -2-
23rd Jul 2010 07:00
Under Rule 8.3(a) of the Code, any person who is interested in one per cent. or more of any class of relevant securities of Metals Exploration or of any paper offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in c
Read moreSolomon Capital Ltd Offer For Metals Exploration -5-
23rd Jul 2010 07:00
Shareholders are advised to read the formal documentation in relation to the Offer carefully, once it has been dispatched. The full terms and condition of the Offer (including details of how the Offer may be accepted) will be set out in the Offer Document and, where appropriate, the related Form of
Read moreSolomon Capital Ltd Offer For Metals Exploration -7-
23rd Jul 2010 07:00
| form" | is, not in CREST); | | | | +-------------------+----------------------------------------------+ | "Closing Price" | the closing middle market quotation of a | | | Me
Read moreSolomon Capital Ltd Offer For Metals Exploration -4-
23rd Jul 2010 07:00
derivative, any agreement to sell or any delivery obligation or right to require another person to purchase or take delivery. Save as set out in paragraph 4 above and in Appendix III, neither Solomon nor any of its associates has procured any irrevocable commitment or letter of intent in respect of
Read moreSolomon Capital Ltd Offer For Metals Exploration Plc
23rd Jul 2010 07:00
TIDMMTL RNS Number : 8029P Solomon Capital Limited 23 July 2010 ? For immediate release Not for release, publication or distribution, in whole or in part, DIRECTLY OR INDIRECTLY in, into or from any jurisdiction where TO DO so would constitute a violation of the relevan
Read moreSolomon Capital Ltd Offer For Metals Exploration -3-
23rd Jul 2010 07:00
funds in the near term, if it has a controlling majority ownership stake in Metals Exploration commensurate with the risks involved and its required long term investment returns. Furthermore, the Solomon Board believes that Metals Exploration would be better suited to a private company environment,
Read moreSolomon Capital Ltd Offer For Metals Exploration -6-
23rd Jul 2010 07:00
formal documentation in relation to the Offer once it has been despatched. APPENDIX I Condition and certain terms of the Offer The Offer, which will be made by Strand Hanson on behalf of Solomon, will be subject to the terms and condition to b
Read moreSmall caps round-up: China Food, China Wonder
17th May 2010 11:58
Investors were keen to tuck into shares in China Food after the maker of cooking and dipping sauces said its new soy sauce factory in Shou Guang City is open. The new factory will increase the company's condiments production by 50% of capacity, it says. Another China-focused country, China Wonder,
Read moreSmall caps round-up: Real Good Food, Griffin Mining, Probability...
26th Jan 2010 08:08
Orders from big name customers such as Marks and Spencer's and Costa Coffee has been keeping ingredients and bakery products supplier The Real Good Food Company busy. The firm has reduced bank borrowings from £29.1m to £21.3m and improved its sales performance. Strong sales have also been aided by
Read moreMetals Exploration shares suspended
17th Nov 2009 16:11
Shares in Metals Exploration have been temporarily suspended at the company's request pending an announcement on a resource estimate for its Runruno project. The Philippines focused miner had watched its value fall nearly 14% before trading was stopped at 4pm. "The company will be making an announ
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