Tetragon's investment objective is to generate distributable income and capital appreciation. Where appropriate, through TFG Asset Management, Tetragon seeks to own all, or a portion, of asset management companies with which it invests in order to enhance the returns achieved on its capital. Tetragon is a closed-ended investment company that invests in a broad range of assets, including public and private equities and credit (including distressed securities and structured credit), convertible bonds, real estate, venture capital, infrastructure, bank loans and TFG Asset Management, a diversified alternative asset management business. Shareholders are urged to read these materials carefully prior to making any decision with respect to the tender offer.
TETRAGON 10 FREE
Shareholders may obtain electronic copies of this document free of charge by calling Computershare at +44 37 0707 4040. Shareholders should read carefully the offer to purchase because it contains important information.
TETRAGON 10 HOW TO
The full details of the tender offer, including complete instructions on how to tender shares, are included in the offer to purchase which is available on Tetragon's website at the following URL: This release is for informational purposes only and is neither an offer to buy nor the solicitation of an offer to sell any shares of Tetragon. The tender offer is not conditioned upon the receipt of any minimum number of shares being tendered. The determined purchase price, as well as the proration factor (if applicable), is expected to be announced on or about 11 April 2022, and Tetragon expects the purchase of shares in the tender offer would be settled promptly thereafter. If, based on the determined purchase price, more than $50,000,000 in value of shares are properly tendered and not properly withdrawn, valid tenders made below the determined purchase price will be accepted in full, while valid tenders made at the determined purchase price will be subject to proration. All shares purchased by Tetragon in the tender offer will be purchased at the same price. Morgan, as dealer manager, will determine the lowest price per share within the range that will enable Tetragon to purchase $50,000,000 in value of Tetragon non-voting shares, or a lower amount if the tender offer is not fully subscribed. Based on the number of shares tendered and the prices specified by the tendering shareholders, J.P. Morgan") will act as dealer manager for the tender offer and Computershare Investor Services PLC ("Computershare") will act as tender agent for the tender offer.Įligible shareholders will be able to indicate how many Tetragon non-voting shares and at what price or prices within the specified range they wish to tender.
Morgan Securities plc (which conducts its U.K. (ET) on 7 April 2022, unless extended or terminated earlier.
The tender offer is expected to expire at 11:59 p.m. The tender offer, which was initially announced by Tetragon on 7 March 2022, will be conducted as a "modified Dutch auction" with shareholders able to tender their Tetragon non-voting shares at prices ranging from and including $8.00 up to and including $9.75 per share. LONDON, Ma/PRNewswire/ - Tetragon today announces the commencement of a tender offer to purchase a portion of its outstanding non-voting shares for a maximum aggregate payment of $50,000,000 in cash.
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