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| Exchange Disseminated Time | Pantomath Capital Advisors Pvt Ltd ("Manager to the Offer") on behalf of Print II BV (“Print II” or “the Acquirer”) and (i) SPG Prints Group BV (“SPG BV” Or “PAC 1”) and (ii) SPG Prints BV (“SPG Prints” or “PAC 2”) in their capacity as persons acting in concert with Acquirer has informed this (“Offer Opening Public Announcement”) to the Public Shareholders of the Stovec Industries Ltd (“Target Company”), pursuant to regulation 18(7) of the Takeover Regulations in respect of the Open Offer to acquire 542,885 (five hundred forty two thousand eight hundred and eighty five) fully paid up Equity Shares of Stovec Industries Limited (“Target Company”) having face value of Rs.10 each (“Equity Shares”), representing 26% of the paid up equity and voting capital as of the 10th (tenth) working day from the closure of the Tendering Period (“Offer”).
The Detailed Public Statement (“DPS”) with respect to the Offer was published on August 08, 2014. Capitalized words used herein but not specifically defined shall have the same meaning ascribed to such terms in the Letter of Offer dated November 10, 2014. |
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