作者ryosaiba (秋天的风)
看板Foreign_Inv
标题[请益] 有关NBG的ADS
时间Sat Jun 1 20:23:59 2013
有关近日NBG的ADS的新闻 小弟有点搞不太懂新闻的意思
想跟大家请教一下 恳请大家指教
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ATHENS, May 31, 2013 /PRNewswire/ -- National Bank of Greece S.A. (the Bank)
announces today that it has launched an offer to purchase for cash up to
22,500,000 of the outstanding 25,000,000 American Depositary Shares (ADS
CUSIP 633643507) (each, an "ADS" and collectively, the "ADSs"), each
representing one of its Non-Cumulative Preference Shares, Series A, nominal
value EUR0.30 per share (the "Preference Shares"), upon the terms and subject
to the conditions set forth in the Offer to Purchase dated May 31, 2013 (the
"Offer to Purchase") and the accompanying Letter of Transmittal (the "Letter
of Transmittal"), which, as each may be amended and supplemented from time to
time, constitute the offer (the "Offer"). On the terms and subject to the
conditions of the Offer, the Bank is offering to pay $12.50 per ADS net to
the seller in cash, less any applicable withholding taxes and without
interest, after deduction of any other applicable fees and taxes, for ADSs
validly tendered and not validly withdrawn (the "Tender Offer
Consideration").
这段的主要意思是否为NBG打算用二千二百五十万美元购买二千五百万的ADS
且每股ADS为0.3欧元?还是每股ADS以12.5美元来购买呢??
The Offer aims to generate Core Tier 1 capital for the Bank and to further
strengthen the quality of its capital base.
The Bank will purchase up to 22,500,000 ADSs. If more than 22,500,000 are
validly tendered and not validly withdrawn, the ADSs tendered will be
purchased on a pro rata basis. As of May 30, 2013, there were 25,000,000 ADSs
outstanding. All of our outstanding Preference Shares are represented by
ADSs. The offer is not conditional on any minimum number of ADSs being
tendered or the availability of any financing. However, the Offer is
conditional on certain conditions, as set out in the Offer to Purchase.
The Offer and withdrawal rights will expire at 12:00 midnight, New York City
time, on Friday, June 28, 2013 (being the end of the day on June 28, 2013),
unless the Bank extends the offer (such time and date, as the same may be
extended, the "Expiration Time") and subject to the absolute right of the
Bank, in its sole discretion and in accordance with applicable law, to
terminate or amend the Offer at any time. Holders of ADSs ("ADS Holders") may
validly withdraw tendered ADSs at any time prior to the Expiration Time. Any
ADSs validly tendered and not validly withdrawn prior to the Expiration Time
may not be withdrawn unless the Bank extends the Expiration Time or is
otherwise required by law to permit such withdrawal.
这段的主要意思是否为2013.6.28为最後交易日 如果没有卖出的话 就由NBG收购
且不再得以交易 除非NBG另开设另一段期间
Settlement is expected to occur on July 3, 2013 (the "Settlement Date"),
subject to the rights or obligations of the Bank to extend or amend the
Offer.
The Bank will submit for cancellation any ADSs purchased pursuant to the
Offer, and will cancel the Preference Shares represented thereby, subject to
the requisite corporate approvals for cancellation of the Preference Shares.
The Bank will publicly announce no later than 9:00 a.m., New York City time,
on the first business day following the Expiration Time the results of the
Offer, the aggregate number of ADSs accepted for purchase by the Bank, the
satisfaction or waiver of the Offer conditions and the proration factor, if
applicable.
这段的主要意思是否为如果没在2013.6.28前卖掉的ADS 将於2013.7.3注销
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心得:
1.就整篇新闻来看 NBG的ADS到底是NBG以每股0.3欧元来购买?还是以12.5美元来购买呢??
小弟英文不是很好 就这篇的写法 意思认定上的不同将会造成不同的判断
2.如果ADS没有在交易日前卖掉的话 是否会转换成NBG的优先股呢?
如果是的话 的确是可以常抱的标的 但是如果不是的话 赶快离开才是上策
最後 请各位术有专攻的版友们 麻烦提供一下意见 或者讨论 交流一下意见
感激不尽
--
※ 发信站: 批踢踢实业坊(ptt.cc)
◆ From: 123.205.22.21
1F:推 pkjkimo:又看到心中的痛了,英文只认得26字母帮不到~sorry 06/01 21:18
2F:推 h6u4:0.3欧元是nominal value 06/03 10:50
3F:→ h6u4:收购价是12.5 安啦 06/03 10:51