Headline Offer definition
Examples of Headline Offer in a sentence
Offer Headline Offer Location/ Address Offer Dates – If Applicable Offer Description (Limit 50 words) *Example: 10% OFF your purchase.
The share component of the Headline Offer provides Cambian shareholders with the opportunity to participate in a continuation of this successful track record of growth and value creation.
Each Cambian Shareholder will need to determine whether they should accept the Headline Offer or elect for the Full Cash Alternative depending on their own personal circumstances.
Under the terms of the Transaction, Cambian Shareholders will be entitled to receive the consideration pursuant to the Headline Offer or elect to receive the Full Cash Alternative in respect of any or all of their Cambian Shares.
Under the terms of the Headline Offer, Cambian Shareholders will be entitled to receive: The Headline Offer, based on the Closing Price per CareTech Share on the Last Practicable Date of 374.5 ▇▇▇▇▇, values the entire issued and to be issued ordinary share capital of Cambian on a fully diluted basis at approximately £372 million and approximately £289 million on an enterprise value basis.
Under the terms of the Transaction, which will be on the terms and subject to the Conditions set out below and in Appendix 1 to this Announcement, and to be set out in the Scheme Document, Forms of Proxy and Form of Election, Cambian Shareholders will be entitled to receive the consideration pursuant to the Headline Offer or elect to receive the Full Cash Alternative in respect of any or all of their Cambian Shares.
The Headline Offer, based on the Closing Price per CareTech Share on the Last Practicable Date of 374.5 ▇▇▇▇▇, values the entire issued and to be issued ordinary share capital of Cambian on a fully diluted basis at approximately £372 million and approximately £289 million on an enterprise value basis.
Cambian Shareholders who are in any doubt about whether to accept the Headline Offer or elect for the Full Cash Alterative should seek independent professional legal and financial advice.
There will be a Full Cash Alternative pursuant to which Cambian Shareholders can elect to receive all cash consideration for each Cambian Share held at the Scheme Record Time instead of the cash and the New CareTech Shares to which they would otherwise be entitled under the terms of the Headline Offer.