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Tower Ltd announces update on buyback offer


Thursday, 9 Jan 2014 05:10pm EST 

Tower Ltd:Has written to shareholders in advance of the closing date for the buy back offer of Jan. 23.Says the offer is conditional on TOWER receiving valid acceptances to the offer representing, in aggregate, at least 19,460,166 TOWER shares (being at least 10 pct. of TOWER's market capitalisation on Nov. 26, 2013, the date detailed buy back information was announced).Says for those shareholders who still wish to accept the offer, TOWER suggests they act now to ensure their acceptance form is received before the closing date. 

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