Results of Tender Offer)

RNS Number : 2427W
Qatar Investment Fund PLC
23 December 2013
 

23 December 2013

 

Qatar Investment Fund plc

 

("QIF" or the "Company")

 

 

Results of Tender Offer

 

Further to the announcement of the proposed tender offer on 5 December 2013, the Board of the Company announces that the tender offer for the purchase of up to 17,357,728 Ordinary Shares (representing 10 per cent. of the Shares in issue as at 4 December 2013 excluding treasury shares) closed at 1.00 p.m. on 18 December 2013.

 

A total of 16,715,051 Shares were validly tendered under the Basic Entitlement of the Tender Offer. This equates to 9.63% of the Company's Shares in issue as at 4 December 2013 (excluding treasury shares), and 96.30% of the shares available under the Tender Offer. Excess tenders will be satisfied to the extent of a further 642,657 Shares, representing 0.588% of the excess Shares tendered.

 

In total, 17,357,728 Shares were validly tendered under the Tender Offer, representing 10.0% of the Company's Shares in issue as at 4 December 2013 (excluding treasury shares), all of which will be repurchased by the Company and cancelled.

 

Details of the Tender Price are expected to be announced on 10 January 2014.

 

A copy of the resolution will be submitted to the National Storage Mechanism and will be available for inspection at: www.hemscott.com/nsm.do.

 

Capitalised terms and expressions have the same meanings as those attributed to them in the Company's Circular dated 5 December 2013.

 

 

 

For further information:

Qatar Investment Fund Plc +44 (0) 1624 622 851

Nick Wilson

 

Panmure Gordon +44 (0) 20 7886 2500

Richard Gray / Andrew Potts / Atholl Tweedie

 

Maitland +44 (0) 20 7379 5151

William Clutterbuck / Robbie Hynes

 

Galileo Fund Services Limited +44 (0) 1624 692 600

Ian Dungate

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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