MEDCO Holdings, Inc. (MED) Tender Offer
Attention MED Shareholders:
Winter Dragon Limited (the Bidder) intends to acquire up to 635,535,315 common shares of MEDCO Holdings, Inc. from the Company’s shareholders. You are entitled to tender your shares during the Tender Offer Period.
Details of the offer are as follows:
| Offer Period | September 16, 2024 – October 11, 2024 |
| Tender Offer Price | Php 0.04 |
| Cross Date | October 21, 2024 |
| Settlement Date | October 23, 2024 |
| Deadline To Tender | October 10, 2024, 12:00 NN |
For more details and instructions, please refer to the email we sent with the subject: “MEDCO Holdings, Inc. (MED) Tender Offer.” If you wish to tender your shares, kindly reply to that email using your registered BPI Trade email address on or before 12:00 nn of October 10, 2024.
Also, please take note of the following terms and conditions:
- Shareholders are entitled to tender their shares during the Tender Offer Period to the Bidder. Outstanding shares which are settled on October 09, 2024 and free from any claims or liens shall be accepted for the tender offer.
- The MED minority shareholder shall receive the payment net of broker’s commission, stock transaction tax and other sell side customary fees due on the transaction, all of which shall be for the account of the tendering shareholder. Payment for your tendered shares net of fees shall be credited to your BPI Trade Settlement Account (SETA) upon receipt of cleared funds from the Tender Offer Agent.
- Deadline for acceptance of the tendered shares may be changed to an earlier or later date if the Bidder amends the schedule of the Offer Period.
- BPI Securities Corporation (BSC) does not guarantee that the tender offer will be accepted by the Bidder.
- The application to tender shall constitute your firm commitment to BSC with respect to the shares tendered.
For more information, the Tender Offer Report dated September 05, 2024 is available for downloading through the PSE Edge Website.
Should you have any questions, please feel free to e-mail bpitradecorpact@bpi.com.ph. You may also call the BPI Trade hotline at 8580-4000.
For your information and guidance.
