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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Charles Stanley Securities
Provider: Wright Reports

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Penna Consulting PLC announces compulsory acquisition of outstanding Savile Group Plc shares

Friday, 7 Feb 2014 02:00am EST 

Penna Consulting PLC:Says it has now received acceptances from Savile Shareholders representing over 90 pct of the Savile Shares.Says therefore it has the right to issue compulsory acquisition notices to Savile Shareholders who have not yet accepted the offer in accordance with the provisions of sections 974 to 991 of the Act.Says therefore it has dispatched compulsory acquisition notices to acquire compulsorily any remaining Savile Shares on the same terms as the offer.Says unless any of the Savile shareholders who have not accepted the offer apply to the court and the court orders otherwise, on the expiry of six weeks from the date of the compulsory acquisition notices, being Mar 14. 

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21 Nov 2014