GEM Capital Holdings (CY) Ltd – Commencement of Compulsory Acquisition Process
On 14 December 2020, GEM Capital Holdings (CY) Ltd (“GEM”) made a cash offer (the “Offer”) to acquire the entire issued and to be issued ordinary share capital of Volga Gas plc (“Volga Gas” or the “Company”). Under the terms of the Offer, Volga Gas Shareholders are entitled to receive, …
Acceptance of Offer by Directors of Volga Gas PLC
The Board of Volga Gas plc notes that the cash offer (the “Offer”) made by GEM Capital Holdings (CY) Ltd (“GEM”) to acquire the entire issued and to be issued ordinary share capital of Volga Gas has been declared wholly unconditional as of this morning. GEM has received valid acceptances …
Volga Gas: Receives All Cash Offer from GEM Capital Holdings
Summary and Highlights: The board of directors of GEM Capital Holdings (CY) Ltd is pleased to announce the terms of a cash offer to be made by GEM for the entire issued and to be issued ordinary share capital of Volga Gas plc. GEM is a private, limited liability, company …