BOC India - Updates on Open Offer
Saturday, June 21st, 2008Deutsche Equities India Pvt Ltd (”Manager to the Offer”) on behalf of The BOC Group plc (”Acquirer”), along with BOC Holdings, Linde Holdings Netherlands B V & Linde Finance B V (”PACs”) has issued this Corrigendum to the Public Announcement to the shareholders of BOC India Ltd (”Target Company”), which is in continuation of & should be read in conjunction with the Public Announcement (”PA”) dated January 22, 2008, and the corrigendum published on June 09, 2008 (”First Corrigendum”), pursuant to and in compliance with regulation 11(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation, 1997 and subsequent amendments thereto (the “SEBI (SAST) Regulations”)
Shareholders of the Target Company are requested to take note of the following amendments and addendums with respect to the PA, the First Corrigendum and the Letter of Offer.
- Upward Revision of Offer Price: In accordance with regulation 26 of SEBI (SAST) Regulations, the Acquirer hereby announces an upward revision of the Offer Price from Rs 165/- per Equity Share to Rs 200/- per Equity Shares (”Revised Offer Price”)
The Other terms and conditions of the offer remain unchanged. Terms used but not defined in this Corrigendum shall have the same meaning as assigned in the PA, The First Corrigendum and the Letter of Offer.