Ambit Corporate Finance Pvt Ltd (Manager to the Offer) on behalf of Hamlet Holding II ApS (Acquirer) & DISA Holding II A/S, DISA Holding A/S & DISA Holding AG (Person Acting in Concerts/PACs) has issued this Public Announcement (PA) to the Equity Shareholders of Disa India Ltd (Target Company), pursuant to and in compliance with the Regulation 10 (read with explanation (b) to Regulation 11) & Regulation 12 & other applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 & Subsequent amendments thereto upto the date of the PA (SEBI Takeover Code).
The Offer: The Offer is for acquisition of upto 3,02,041 Shares (Offer Size) from the existing shareholders of the Target Company (other than the PACs which hold Shares) representing 20% of the paid-up & voting equity share capital of the Target Company, at a price of Rs 1,657/- (Rupees One Thousand Six Hundred Fifty Seven only) per Share, payable in cash (Offer Price).
The offer is a result of indirect acquisition and control of the Target Company by the Acquirer.
Schedule of Activities: Specified Date - January 09, 2009, Date of Opening of the Offer - February 05, 2009,Date of Closing of the Offer - February 24, 2009.
The Offer: The Offer is for acquisition of upto 3,02,041 Shares (Offer Size) from the existing shareholders of the Target Company (other than the PACs which hold Shares) representing 20% of the paid-up & voting equity share capital of the Target Company, at a price of Rs 1,657/- (Rupees One Thousand Six Hundred Fifty Seven only) per Share, payable in cash (Offer Price).
The offer is a result of indirect acquisition and control of the Target Company by the Acquirer.
Schedule of Activities: Specified Date - January 09, 2009, Date of Opening of the Offer - February 05, 2009,Date of Closing of the Offer - February 24, 2009.
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