[TANCO] Change In Director's Shareholding - MR ANDREW TAN JUN SUAN on 18-May-2017

Announcement Date 18-May-2017

Director's Particular:


Details of Changes:

Currency -

Date of Change Type Number of Shares Price
16-May-2017 Acquired 156,245,172 0.081
Registered Name  MERCSEC Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Andrew Tan Jun Suan (AAF277)
Nature of Interest  Direct Interest
Consideration  RM0.0812
16-May-2017 Acquired 29,687,500 0.081
Registered Name  MERCSEC Nominees (Tempatan) Sdn Bhd Andrew Tan Jun Suan
Nature of Interest  Direct Interest
Consideration  RM0.0812

Nature of Interest Direct Interest
Shares Ordinary Shares
Reason Acquisition pursuant to the Unconditional Mandatory Take-over Offer by Mercury Securities Sdn Bhd on behalf of Datuk Seri Tan Jing Nam, Mr Andrew Tan Jun Suan and Dato' Tan Lee Sing (collectively "Joint Offerors") to acquire (i) all the remaining ordinary shares in Tanco Holdings Berhad ("Tanco") ("Tanco Shares") not already held by the Joint Offerors and such number of new Tanco Shares that may be issued pursuant to the conversion of any outstanding Redeemable Convertible Notes 2016/2019 ("RCN") in Tanco and/or exercise of any outstanding options granted pursuant to Tanco's Share Issuance Scheme (collectively, "Offer Shares"); and (ii) any outstanding RCN ("Offer RCN"), for a cash offer price of RM0.0812 per Offer Share and RM1.624 per Offer RCN ("Offer").
Consideration -

Total no of securities after change

Direct (units) 260,933,672
Direct (%) 39.53
Indirect (units) 0
Indirect (%) 0.00
Total (units) 260,933,672
Total (%) 39.53
Date of Notice 16-May-2017

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