Resultaten van de buyback zijn bekendgemaakt.
In accordance with the terms of the Offer, the Master Fund has accepted for purchase 9,999,997 TFG non-voting shares at a purchase price of $10.00 per share. The aggregate cost of this purchase is $99,999,970, excluding fees and expenses relating to the Offer. A total of 11,730,680 TFG non-voting shares were properly tendered and not withdrawn at the purchase price of $10.00 per share. Because more than $100,000,000 in value of TFG non-voting shares was properly tendered and not properly withdrawn, the Offer was subject to proration pursuant to the terms of the Offer, with appropriate adjustments to avoid purchases of fractional shares. The final proration factor for the Offer is 85.25%, rounded to the second decimal place.
Stukjes zijn ingekocht voor het magere prijsje van $10,00 per stuk! Dit betekent een NAV toename van $0.90. Ook lijkt het er nu op dat de meeste verkoopdruk weggehaald is, 10mln van de 11,7mln stukken zijn opgekocht.