Jagson Airlines - Updates on Open Offer
Mefcom Capital Markets Ltd (”Manager to the Offer”) on behalf of Jagson International Ltd (”Acquirer”) along with Mr. J. P. Gupta, Mr. Pradeep Gupta, Ms. Ravinder Hora, Gaurav Portfolio Pvt Ltd and Gagar Holdings Ltd (PACs) has issued this Corrigendum to the Public Announcement to the Shareholders of Jagson Airlines Ltd (”Target Company”), which is in continuation of and should be read in conjunction with the Public Announcement (”PA”) dated November 23, 2007, pursuant to and in compliance with Regulation 11(2) (pertaining to consolidation of holding) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 [SEBI (SAST) Regulations] and subsequent amendments thereto.
The Shareholders may please note the following Revised Schedule of activities pertaining to the Offer is as under:
------------------------------------------------------------------------------------------ Activity Original Schedule Revised Schedule ------------------------------------------------------------------------------------------ Specified Date December 17, 2007 December 17, 2007 Date of Opening of the Offer January 03, 2008 March 05, 2008 Date of Closing of the Offer January 24, 2008 March 24, 2008 ------------------------------------------------------------------------------------------
Terms used but not defined in this Corrigendum to the Public Announcement shall have the same meaning assigned in the “PA”.
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