[請益] 有關NBG的ADS
有關近日NBG的ADS的新聞 小弟有點搞不太懂新聞的意思
想跟大家請教一下 懇請大家指教
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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validly tendered and not validly withdrawn (the "Tender Offer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").
這段的主要意思是否為NBG打算用二千二百五十萬美元購買二千五百萬的ADS
且每股ADS為0.3歐元?還是每股ADS以12.5美元來購買呢??
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validly tendered and not validly withdrawn, the ADSs tendered will be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ADSs validly tendered and not validly withdrawn prior to the Expiration Time
may not be withdrawn unless the Bank extends the Expiration Time or is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.
這段的主要意思是否為2013.6.28為最後交易日 如果沒有賣出的話 就由NBG收購
且不再得以交易 除非NBG另開設另一段期間
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.
這段的主要意思是否為如果沒在2013.6.28前賣掉的ADS 將於2013.7.3註銷
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心得:
1.就整篇新聞來看 NBG的ADS到底是NBG以每股0.3歐元來購買?還是以12.5美元來購買呢??
小弟英文不是很好 就這篇的寫法 意思認定上的不同將會造成不同的判斷
2.如果ADS沒有在交易日前賣掉的話 是否會轉換成NBG的優先股呢?
如果是的話 的確是可以常抱的標的 但是如果不是的話 趕快離開才是上策
最後 請各位術有專攻的版友們 麻煩提供一下意見 或者討論 交流一下意見
感激不盡
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