Summary by Moomoo AI
AXIOMA CAPITAL FZE LLC (THE “CONTRACTOR”) ANNOUNCED ON FEBRUARY 8, 2024 THAT ITS ACQUISITION AGREEMENT FOR TIEJIANG FIELD CO., LTD. (“IRON GOODS”) HAS BECOME UNCONDITIONAL IN ALL RESPECTS. At 4 p.m. on that day, the Contracting Party had received approximately 21.85% of the shares and the acceptance of approximately 51.27% of the issued share capital of Iron Cargo, giving the Contracting Party and its Consistent Operators a joint holding of approximately 52.45% of the issued share capital. Pursuant to the Takeover Code, tendering will continue to be open until 4pm on February 22, 2024. Settlement of the Offer will be made within seven business days of receipt of the Acceptance Form and the relevant documents and will be sent in cash to the shareholders and call holders who have accepted the Agreement by ordinary postal mail. The Executive Director and CEO of Metro-Cargo is Denis Cherednichenko, and the Chairman and Non-Executive Director is Nikolai Levitskii.