Nowadays updates are available instantly and NO votes for a 100 will apply for a 1,000, of course. Fiserv shall not fail and I will not blame myself, you understand.Īnd though holdings and possessions sharewise in millions may have shifted since, no need to vote once again. We may have postponed the meeting the day we averaged the NO - go's in number bc we do not mean to fail. Sure, your previous vote is recorded and in safe hands. No need now to tell you what day and time the courts meeting will rule out on the companies concern and its proceeds. Proceeds are expected to be paid by 16 August 2017. On the above you will receive £XXXXXX for your holding. Under the terms of the Increased and Final Offer, each Monitise Shareholder will be entitled to receive: 3.1 pence in cash for each Monitise Plc share held. The proceeds are expected to be paid by 16 August 2017. The financial terms of the Increased and Final Offer are final and will not be increased, except that Bidco reserves the right to increase the amount of the offered price if there is an announcement on or after the date of this announcement of an offer or possible offer for Monitise by a third party offeror or potential offeror. Under the terms of the Increased and Final Offer, each Monitise Shareholder will be entitled to receive: 3.1 pence in cash for each Monitise Plc share held On 7 August 2017, the boards of Fiserv and Monitise announced that they have agreed the terms of an increased and final recommended cash offer for Monitise to be made by Bidco, to be effected by means of a scheme of arrangement under Part 26 of the Companies Act (the "Increased and Final Offer"). On 24 July 2017, the Court Meeting and the General Meeting to approve the Acquisition were postponed on Fiserv's request, in light of feedback received from certain Monitise Shareholders. The Scheme Document was posted to Monitise Shareholders on 3 July 2017. ("Fiserv") and Monitise plc ("Monitise") announced that they had reached agreement on the terms of a recommended cash offer by Fiserv UK Limited ("Bidco") (an indirect wholly-owned subsidiary of Fiserv), for the entire issued and to be issued share capital of Monitise (the "Acquisition") at a price of 2.9 pence in cash for each Monitise Share, to be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act (the "Initial Offer Announcement"). On 13 June 2017, the boards of Fiserv, Inc. If letter was true.Ĭorporate Action – Monitise Plc - Scheme of Arrangement I just wonder if PI's are done and gone once they really get paid. I refer to the corporates correspondence user "email" and (others?) received Thues last week.
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