AP Alternative Assets, L.P.

Hieronder vindt u informatie uit het register openbaarmaking voorwetenschap. Deze informatie is door de organisatie verstrekt.

Publicatie datum 15 mrt 2012 - 21:22

Statutaire naam AP Alternative Assets, L.P.

Titel AP Alternative Assets, L.P. Announces Results of Tender Offer and Increase in the Maximum Payment Amount for Units to be Purchased

Bericht Guernsey, Channel Islands, March 15, 2012: AP Alternative Assets, L.P. (“AP Alternative Assets”; Euronext Amsterdam: AAA) announced today that in connection with its tender offer announced on February 10, 2012 (the “Tender Offer”), it has accepted for tender 5,000,000 common units and restricted depositary units (“RDUs”) (together “Units”) of AAA that were tendered prior to the closing of the offer period on March 14, 2012 by common unit holders and RDU holders (together the “Unitholders”). The Tender Offer was oversubscribed with Units tendered at prices ranging from $9.20 to $10.70 and the accepted tender price was $10.00. In accordance with the terms of the Tender Offer and the prior mandate of the board of directors of AAA Guernsey Limited (being the general partner of AAA), Apollo Alternative Assets (the manager of AAA) determined to increase the Maximum Payment Amount under the Tender Offer to $50,000,000. The number of Units tendered by Unitholders at $10.00 or less exceeded $50,000,000 in value. Pursuant to the terms of the Tender Offer, investors who tendered at $9.90 or less will receive the full allocation of Units tendered at the final tender price of $10.00. AAA will pro-rate the Units that were tendered at the $10.00 price and accept 55% of the Units tendered at $10.00. AAA will therefore buy back 5,000,000 Units pursuant to the Tender Offer for total aggregate consideration of $50,000,000. As a result and in accordance with the terms outlined in the Tender Offer, AAA will not acquire any Units that were tendered by Unitholders at a price higher than $10.00 per Unit. The Tender Offer is accretive to AAA’s net asset value (“NAV”) per Unit. If the accepted tendered Units had already been purchased on December 31, 2011, the effect of the Tender Offer on NAV per Unit would have been an increase of $0.37 per Unit (excluding costs and expenses) at December 31, 2011. It is intended that settlement will occur on or around March 19, 2012, with pay

Vorige register resultaat

Volgende register resultaat

Gerelateerde downloads

201203150000000025_TenderPressReleaseFINAL.pdf (opens in a new window)

Datum laatste update: 25 februari 2026