3/4 of Kenor holders chose Guinor (GNR.TO) shares
Guinor Gold receives acceptances for Kenor acquisition
2004-05-26 09:38 ET - News Release
Mr. Marius Bretteville reports
KENOR ASA -- MANDATORY OFFER -- ACCEPTANCE RATIO
Guinor Gold has provided the details of the acceptances received during the offer period. The offer price is one common share of Guinor Gold in exchange for one Kenor share or 5.60 kronor per Kenor share. The offer period was from and including April 26, 2004, to and including May 25, 2004.
This announcement is issued in connection with the offer to acquire all of the issued and outstanding Kenor shares and should be read and construed in conjunction with the offer document. Terms defined in the offer document have the same meaning in this announcement unless otherwise indicated.
Guinor Gold has received acceptances representing the number of Kenor shares set forth below:
Number of
Alternative Kenor shares
Cash alternative 1,235,425
Share alternative 6,703,620
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Total 8,263,095
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WARNING: The company relies upon litigation protection for "forward-looking" statements.
