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Cathay Pacific Airways Limited M&A Activity 2014

Sep 16, 2014

49100_rns_2014-09-16_c1be3545-8f0e-4089-9610-cfb0b182cb26.pdf

M&A Activity

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase, or subscribe for the securities.

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IDT INTERNATIONAL LIMITED

(Incorporated in Bermuda with limited liability) (Stock Code: 167)

CLARIFICATION ANNOUNCEMENT

Reference is made to the announcement of IDT International Limited (the “ Company ”) dated September 11, 2014 made pursuant to Rule 3.7 of the Takeovers Code (the “ Announcement ”). Unless otherwise stated, capitalised terms used herein shall have the same meanings as those defined in the Announcement.

The Company would like to clarify that the number of outstanding options granted under the employee share option schemes of the Company, being part of the relevant securities of the Company in issue as at the date of the Announcement, should be 111,489,000 (instead of 109,073,000 as stated in the previous Announcement).

Save as stated above, all information set out in the Announcement remains unchanged.

Shareholders and potential investors of the Company are urged to exercise extreme caution when dealing in the shares and/or other securities of the Company.

By Order of the Board IDT International Limited Dr. Raymond Chan Chairman & Group Chief Executive Officer

Hong Kong, September 16, 2014

The Directors of the Company as at the date of this announcement are Dr. Raymond Chan (Chairman & Group Chief Executive Officer), Mrs. Chan Pau Shiu Yeng, Shirley and Mr. Leong Mun Hoong as Executive Directors; Mr. Lo Kai Yiu, Anthony, Mr. Kao Ying Lun, Mr. Jack Schmuckli and Dr. Kenichi Ohmae as Independent Non-Executive Directors.

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The Directors of the Company jointly and severally accept full responsibility for accuracy of the information contained in this announcement and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.

Website: http://www.idthk.com

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