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Myriad board urges Synchronica to accept offer

By BFN News | 09:23 AM | Wednesday 04 April, 2012


On 7 March 2012, the Board of Myriad announced the terms of its recommended increased share offer for the entire issued and to be issued share capital of Synchronica. Under the terms of the Offer, Synchronica Shareholders will receive 4.83 New Myriad Shares for every 100 Synchronica Shares. The Board of Myriad announces today that the Offer has been extended to 1.00 p.m. London time (corresponding to 8.00 a.m. Toronto time) on 16 April 2012. A further announcement regarding the level of acceptances as at 1.00 p.m. London time on 4 April 2012, being the First Closing Date of the Offer, will be made no later than 6.30 p.m. London time on 4 April 2012. The Board of Myriad urges Synchronica shareholders to accept the Offer without delay. At 9:23am: (LON:SYNC) share price was 0p at 12p Story provided by StockMarketWire.com

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