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Mandatory Offer by Hayleys to purchase all the remaining ordinary shares of Amaya Leisure
Sep. 05, 2011 (LBT) – Sri Lanka’s Hayleys conglomerate, which acquired a controlling stake in Amaya Leisure on Thursday, September 01, has announced a mandatory offer to buy all the remaining shares held by other shareholders of hotel firm Amaya Leisure.
It said it was making a mandatory offer to buy all the remaining shares at a price of 107 rupees per share, the highest price at which the buyer acquired the shares.
The number of remaining shares amounts to 23,536,777 or 49 percent percent of Amaya Leisure issued capital.
Hayleys has spent 2.6 billion rupees to buy a 51 percent stake in Amaya Leisure owned by Hayleys deputy chairman Dhammika Perera, a stock exchange filing said.
All the shares changed hands at 107 rupees a share.
Hayleys bought 12.79 million shares or a 26.62 percent stake, group firm Dean Foster bought 10.25 million shares or a 21.34 percent stake, Toyo Cushion Lanka bought 816,400 shares or a 1.70 percent stake and Volanka Exports bought 642,900 shares or a 1.34 percent stake.
Sep. 05, 2011 (LBT) – Sri Lanka’s Hayleys conglomerate, which acquired a controlling stake in Amaya Leisure on Thursday, September 01, has announced a mandatory offer to buy all the remaining shares held by other shareholders of hotel firm Amaya Leisure.
It said it was making a mandatory offer to buy all the remaining shares at a price of 107 rupees per share, the highest price at which the buyer acquired the shares.
The number of remaining shares amounts to 23,536,777 or 49 percent percent of Amaya Leisure issued capital.
Hayleys has spent 2.6 billion rupees to buy a 51 percent stake in Amaya Leisure owned by Hayleys deputy chairman Dhammika Perera, a stock exchange filing said.
All the shares changed hands at 107 rupees a share.
Hayleys bought 12.79 million shares or a 26.62 percent stake, group firm Dean Foster bought 10.25 million shares or a 21.34 percent stake, Toyo Cushion Lanka bought 816,400 shares or a 1.70 percent stake and Volanka Exports bought 642,900 shares or a 1.34 percent stake.
