March 13, 2017
7:30 - 9:00 P.M.
VOLUNTARY CONDITIONAL CASH OFFER FOR AURIC PACIFIC GROUP LIMITEDOffer Price: S$1.65 per Share
Offer Price is FINAL and will not be revised
Offeror intends to DELIST Auric Pacific
Offer is conditional upon the Offeror and its Concert Parties holding more than 90% of all Shares as at the close of the Offer
Offeror had received acceptances and acquired Shares totalling 6,907,536 Shares or 5.50% of the Shares as at 9 March 2017; and in aggregate (including acceptances), the Offeror and its Concert Parties held 86.45% of the Shares as at 9 March 2017
2
HIGHLIGHTS OF THE OFFER Shareholders can realise their investment in cash at a significant premium
Closing price of shares have not been at or above the Offer Price since December 1999, up and until the date of the Offer Announcement
Offer Price represents premium of up to 70% against historical volume weighted average price over the past 24 months, prior to and including the Last Traded Date
Offer Price Premium
against Historical VWAP
70.0% 59.6% 35.8% 23.8% 17.8% 13.4%
$0.971 $1.034 $1.215 $1.333 $1.401$1.455
24-month1 12-month1 Six-month1 Three-month1 One-month1 3 Feb 17
(Last Traded Date)
1 Prior to and including the Last Traded Date 3
NO COMPULSORY ACQUISITIONConditions Needed for Entitlement to Compulsory Acquisition | Silver Creek's Offer for Auric Pacific |
Offeror makes an offer to acquire all the shares in a company | Offer is not made for all1 the Shares |
1 The Offer does not extend to the Shares owned, controlled or agreed to be acquired by the Offeror and its Concert Parties 4
Auric Pacific Group Limited published this content on 13 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 March 2017 14:28:08 UTC.
Original documenthttp://auric.listedcompany.com/newsroom/20170313_221954_A23_JXUMDX0HA9MO06NC.1.pdf
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