Beste allen,
Nog even voor de mensen die interesse hebben in de rump offer.
Onderstaande tekst geeft duidelijk aan dat een rump offering niet gegarandeerd succesvol is (kans dat hij mislukt wordt ingecalculeerd in de voorwaarden) en dat bij niet-succesvolle rump de banken dus garant staan om de claims om te zetten in aandelen IM tegen de uitgifteprijs van 0,01.
Verder staat er dat eventuele meerwaarde van de claims in de rump offering alleen van toepassing zijn indien de expiratiekoers van de claims minimaal 0,01 euro is. Momenteel is dat dus niet het geval.
Conclusie: indien claims beneden 0,01 blijven bij expiratie om 17.40 uur lopen de claims zo goed als waardeloos af, en indien de koers wel 0,01 zou bereiken is het nog steeds afhankelijk of er überhaupt een succesvolle rump offering zal plaatsvinden.
Unexercised Rights and Rump Offering
Rights can no longer be exercised after 17:40 CEST on 22 October 2014, at which time the Exercise Period ends (or so much earlier as indicated by the relevant financial intermediary). Following the expiry of the Exercise Period, any Offer Shares that were issuable upon the exercise of Rights, but have not been subscribed for or that have been subscribed but not paid for in full during the Exercise Period (the “Rump Shares”), may in accordance with the provisions of the Underwriting Agreement (as defined below) be offered for sale by the Underwriters by way of private placements to institutional investors in the Netherlands and certain other jurisdictions (the "Rump Offering") at a price at least equal to the Issue Price. If there is a Rump Offering, it is expected to commence on 23 October 2014 at 7:00 CEST and to end no later than 17:40 CEST on that same day, subject to extension or acceleration.
The Underwriters, severally and not jointly, will subscribe and pay for (i) any Offer Shares subscribed for in the Rights Offering but not paid for by such subscribers on the Settlement Date (as defined below), and (ii) any Rump Shares not sold in the Rump Offering, if any, or sold but not paid for on the Closing Date (as defined below), pro rata to their respective underwriting commitments at the Issue Price, in accordance with the terms and subject to the conditions of the underwriting agreement entered into between the Underwriters and Royal Imtech (the “Underwriting Agreement”).
Upon completion of the Rump Offering, if the aggregate proceeds for each Rump Share offered and sold in the Rump Offering, after deduction of selling expenses (including any value added tax), exceed the aggregate issue price for such Rump Shares (such amount, the “Excess Amount”), each holder of a Right that was not exercised at the end of the Exercise Period will be entitled to receive, except as noted below, a part of the Excess Amount.
Such holder will be entitled to receive such part of the Excess Amount in cash pro rata to the number of unexercised Rights reflected in such holder’s securities account (the “Unexercised Rights Payment”), but only if that amount exceeds EUR 0.01 per unexercised Right. Royal Imtech will announce whether any Unexercised Rights Payment is available for distribution to holders of unexercised Rights by means of a press release. Royal Imtech and the Underwriters cannot guarantee that the Rump Offering, if any, will be successfully completed. Royal Imtech, the Underwriters, the Subscription, Listing and Paying Agent or any person procuring subscriptions for Rump Shares will not be responsible for any lack of Excess Amount arising from any placement of the Rump Shares whether or not a Rump Offering takes place.