hangon
- 21 Dec 2011 23:42
Grief, £1 a year ago (Dec 2010, and that was a discount!) _DYOR - and now a shadow of that.
- perhaps they should introduce the Exploding chocco - these contain a small amount of TNT and although it's only a small amount, it can practically blow your head off, so you are left speechless, at least until the sinues manage to flip your skull back and normality is restored.
Not sure that a Yield of 6% will last much longer . . . . is there oodles of debt?
News of inferior profits sent stock down 38% - give me some of those new sweetmeats.
EDIT (23Jan2012)...jump up 38% today....MM's playing Buys/Sells about evens.
HARRYCAT
- 22 Jun 2015 14:56
- 98 of 98
StockMarketWire.com
Thorntons said a 145p a share cash offer by Ferrero International has been recommended by both companies' boards. The deal values Thorntons at about £111.9 million. The offer would be made by Ferholding UK Ltd, a subsidiary of Ferrero.
Ferholding has today acquired the entire holding of Crystal Amber, the entire holdings of John von Spreckelsen (and his wife) and part of the holding of Hotchkis & Wiley in Thorntons at the Offer Price.
These holdings together total 18,707,841 Thorntons Shares, representing approximately 27.14 per cent. of the issued share capital of Thorntons as at the date of this announcement.
Ferholding has also today acquired the entire holdings of certain of the Thorntons Directors who hold Thorntons Shares (being Paul Wilkinson and Jonathan Hart) and the majority of the holding of Michael Killick, another Thorntons Director, at the Offer Price.
Ferholding has also acquired the Shares held by Jonathan Hart's wife and children. These holdings together total 1,901,800 Thorntons Shares, representing approximately 2.76 per cent. of the issued share capital of Thorntons as at the date of this announcement.
Ferholding therefore owns 29.90 per cent. of the total issued share capital of Thorntons as at the date of this announcement.
In addition, Ferholding has received irrecovable undertakings to accept or procure the acceptance of the Offer from Hotchkis & Wiley in respect of its remaining 2,921,411 Thorntons Shares, representing approximately 4.24 per cent. of the issued share capital of Thorntons as at the date of this announcement.
Ferholding has also received irrevocable undertakings to accept or procure the acceptance of the Offer at the Offer Price in respect of the holdings of certain other of the Thorntons Directors (being Diana Houghton, Barry Bloomer and Martin George) who hold Thorntons Shares.
These holdings together total 155,084 Thorntons Shares, representing approximately 0.22 per cent. of the issued share capital of Thorntons as at the date of this announcement.
In aggregate, therefore, Ferholding holds or has received irrevocable undertakings to accept or procure the acceptance of the Offer in respect of 23,686,136 Thorntons Shares, representing approximately 34.36 per cent. of the issued share capital of Thorntons as at the date of this announcement, including those holdings of the Thorntons Directors (and/or those of their close family as relevant).