Highlights

[OLDTOWN] Notice of Interest of Substantial Shareholders - PLEASE REFER TO REMARKS on 23-Feb-2018


Stock [OLDTOWN]: OLDTOWN BHD
Announcement Date 23-Feb-2018

Substantial Shareholder's Particular:

Name PLEASE REFER TO REMARKS

Details of Changes:

Currency -

Date of Change Type Number of Shares
22-Feb-2018 Acquired 210,277,000

Nature of Interest Indirect Interest
Shares Ordinary Shares
Reason Arising from acceptances pursuant to the take-over offer by Jacobs Douwe Egberts Holdings Asia NL B.V. (JDE Asia) through CIMB Investment Bank Berhad to acquire all the remaining ordinary shares of OldTown Berhad at a cash consideration of RM3.18 per offer share (Offer). Note that the acceptances pursuant to the Offer is subject to the condition that JDE Asia receives, on or before the closing date of the Offer, acceptances by the holders of the offer shares (provided that such acceptances are not, where permitted, subsequently withdrawn), which will result in JDE Asia, holding in aggregate, more than 50% of the shares excluding shares already held at the date of the Offer by JDE Asia. The substantial shareholders named herein are deemed interested in the shares of OldTown Berhad by virtue of their direct and/or indirect shareholdings in JDE Asia, pursuant to Section 8 of the Companies Act 2016.

Total no of securities after change

Direct (units) 0
Direct (%) 0.00
Indirect (units) 210,277,000
Indirect (%) 45.39
Total (units) 210,277,000
Total (%) 45.39
Date of Notice 23-Feb-2018


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