Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Search
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)
Hang Seng
17,417.68
(-2.03%)
Dow Jones
40,287.53
(-0.93%)
Nikkei 225
40,063.79
(-0.16%)
FTSE 100
8,155.72
(-0.6%)
USD/AUD
0.6690
(-0.32%)
Bitcoin
66,838.08
(0.44%)
Oil
80.25
(-3.1%)
Gold
2,402.80
(-2.18%)
Lithium
41.42
(1.37%)
Iron Ore
104.4
(-1.03%)

Advance ZincTek (ASX: $ANO) prepares Target's Statement for takeover bid

Overview of Advance ZincTek's response to takeover bid


Advance ZincTek Limited (ANO) (ASX: $ANO) has issued a Target's Statement in response to an off-market takeover bid by Ankla Pty Ltd, owned by Mr. Lev Mizikovsky, offering $1.05 per share. The Independent Expert's Report, included in the Target's Statement, concludes that the offer is fair and reasonable. ANO's Independent Directors unanimously recommend accepting the offer. Shareholders are advised to review the Target's Statement before making a decision.

Executive Commentary on Takeover Offer


The Independent Expert's Report has been carefully prepared to provide shareholders with an unbiased assessment of the takeover offer. We believe that the offer from Ankla Pty Ltd represents a fair and reasonable opportunity for our shareholders. The formation of the Independent Board Committee ensures that the advice provided to shareholders is independent and in their best interest. We recommend shareholders to carefully consider the information provided in the Target's Statement and the Independent Expert's Report before making a decision.

Summary of Advance ZincTek's Response and Outlook


Advance ZincTek Limited (ANO) has responded to the takeover offer by preparing a comprehensive Target's Statement, including the Independent Expert's Report, which concludes that the offer is fair and reasonable. The Independent Directors unanimously recommend accepting the offer. Shareholders are advised to consider the information provided in the Target's Statement, including the company's financial performance, recent trading, and the current board strategy and initiatives. The company's outlook will be influenced by the shareholders' response to the offer and the potential acquisition by Ankla Pty Ltd.

Sourcehttps://announcements.asx.com.au/asxpdf/20231221/pdf/05yttzlm1bplgm.pdf

Share to Social
0 Comments
Inline Feedbacks
View all comments

Stock Piper AI Index Coming Soon!

Join our Newsletter to gain exclusive insight and be notified once we are live.

By clicking Subscribe, you agree to our Terms & Conditions

ASX News, First And Fast.

Get all the latest market updates straight to your inbox.

By clicking Subscribe, you agree to our Terms & Conditions