In particular, this news release contains forward-looking statements with respect to, among other things, without limitation, the timing of the payment for the Common Shares taken up pursuant to the Offer and the completion of the compulsory acquisition
initiate a compulsory acquisition
procedure under the Swedish Companies Act to
Upon completion of the compulsory acquisition
, Gerber intends to de-list the Common Shares from the Toronto Stock Exchange and to cause Virtek to cease to be a reporting issuer.
NOC") pursuant to the compulsory acquisition
provisions of the Business Corporations Act (British Columbia) (the "Compulsory Acquisition
Serco now announces that it has posted the compulsory acquisition
TeliaSonera now owns 100 percent of NextGenTel following the compulsory acquisition
announced 12 June 2006.
Since Direct Energy has acquired more than 90% of the outstanding Rockyview common shares under the Offer, Direct Energy intends to acquire all the remaining Rockyview common shares not deposited under the Offer by means of a compulsory acquisition
under the Business Corporations Act (Alberta).
Delisting of Shares and compulsory acquisition
As the Offeror has acquired not less than 90 percent of the outstanding Titan Class A Shares, on a fully diluted basis, the Offeror intends to acquire all remaining Titan Class A Shares not tendered to the Offer by way of compulsory acquisition
pursuant to the Business Corporations Act (Alberta).
The redemption price in the compulsory acquisition
is equal to the public offer price.
The Offeror will mail a Notice of Compulsory Acquisition
to all shareholders of ORTHOsoft whose Shares have not been deposited under the Offer, as extended.
After the extension, Lawson intends to initiate compulsory acquisition
proceedings regarding the shares that have not been tendered in the Exchange Offer.