Global Net Lease, Inc. GNL
Not traded — nothing to buy
Read automatically from the filing
The filing says these shares are not traded on any market. The odd-lot term may be real, but there is no way to buy the shares, so there is no trade here.
| Status | Closed |
|---|---|
| Closing date | 2015-06-29 |
| How it is priced | Fixed price |
| Odd-lot threshold | Fewer than 100 shares |
| Must tender everything you hold | Yes |
| Must tick the odd-lot box on the form | Yes |
| Price offered | USD $10.50 per share |
| Cleared at | $10.50 |
| Most an odd-lot tender could be | $1,039.50 |
How it finished
Everyone else9.31%
| Expired | 2015-06-29 |
|---|---|
| Shares tendered | 127,815,754 |
| Shares accepted | 11,904,762 |
| Overall acceptance | 9.3% |
Where each of these comes from
Every line above was read out of the filing. Here is the wording it was read from, so you can check it.
election_required = True...ore Shares than a stockholder owns will be an invalid tender. The stockholder should indicate the number of whole Shares he, she or it wishes to tender in Section 1 of the Letter of Transmittal. In addition, odd lot holders who tender all of their Shares must complete the section entitled “Odd Lots” in the Letter of Transmittal to qualify for the preferential treatment available to odd lot holders as set forth in Section 1. Stockholders holding their Shares through a broker, dealer, commercial bank, trust company or other nominee must contact their Custodian to tender their Shares on their behalf. Stockholders who hold Shares through a Custodian are urged to co...
expiry = 2015-06-29...hibit (a)(i) Offer to Purchase for Cash By GLOBAL NET LEASE, INC. Up to 11,904,761 Shares of its Common Stock at a Purchase Price of $10.50 per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, EASTERN TIME, ON JUNE 29, 2015, UNLESS THE OFFER IS EXTENDED OR WITHDRAWN (SUCH DATE AND TIME, AS THEY MAY BE EXTENDED, THE “EXPIRATION DATE”). Global Net Lease, Inc., a Maryland corporation that qualifies as a real estate investment trust for U.S. federal income tax pu...
mechanism = FIXEDEX-99.(A)(I) 2 v410537_exh99ai.htm EXHIBIT (A)(I) Exhibit (a)(i) Offer to Purchase for Cash By GLOBAL NET LEASE, INC. Up to 11,904,761 Shares of its Common Stock at a Purchase Price of $10.50 per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, EASTERN TIME, ON JUNE 29, 2015, UNLESS THE OFFER IS EXTENDED OR WITHDRAWN (SUCH DATE AND TIME, AS THEY MAY BE EXTENDED, THE “EXPIRATION DATE”). Global Net Lease, Inc., a Maryland corporation that qualifies as a real estate investment trust for U.S. federal i...
mechanism = FIXED...midnight, Eastern Time, on June 29, 2015. Based on the final count by DST Systems, Inc., the paying agent and depositary for the tender offer, a total of 127,815,754 shares of the Company’s common stock were validly tendered and not properly withdrawn at the purchase price of $10.50 per share. In accordance with the terms and conditions of the tender offer, and based on the final count by the paying agent and depositary, the Company has accepted for purchase 11,904,762 shares of the Company’s common stock at a purchase price of $10.50 per share, for an aggregate cost of approximately $125.0 million, excluding fees and expense...
must_tender_all = True...tendered and not properly withdrawn, we will buy all Shares properly tendered and not properly withdrawn. If more than 11,904,761 Shares are properly tendered and not properly withdrawn, we will (a) first, purchase from all odd lot holders (as defined below) who properly tender all of their Shares, and (b) second, purchase all Shares tendered at the Purchase Price on a pro rata basis, with appropriate adjustment to avoid the purchase of fractional shares. If any tendered Shares are not purchased for any reason, the Letter of Transmittal with respect to such Shares not purchased will be of no force or effect and Shares tendered by...
price = USD 10.5EX-99.(A)(I) 2 v410537_exh99ai.htm EXHIBIT (A)(I) Exhibit (a)(i) Offer to Purchase for Cash By GLOBAL NET LEASE, INC. Up to 11,904,761 Shares of its Common Stock at a Purchase Price of $10.50 per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, EASTERN TIME, ON JUNE 29, 2015, UNLESS THE OFFER IS EXTENDED OR WITHDRAWN (SUCH DATE AND TIME, AS THEY MAY BE EXTENDED, THE “EXPIRATION DA...
price = USD 10.5...ms, Inc., the paying agent and depositary for the tender offer, a total of 127,815,754 shares of the Company’s common stock were validly tendered and not properly withdrawn at the purchase price of $10.50 per share. In accordance with the terms and conditions of the tender offer, and based on the final count by the paying agent and depositary, the Company has accepted for purchase 11,904,762 shares of the Company’s common stock at...
priority = True...r all or a portion of their Shares at the Purchase Price (net to the tendering stockholder in cash, less any applicable withholding taxes and without interest). Only Shares properly tendered at the Purchase Price, and not properly withdrawn, will be purchased subject to odd lot priority and proration. Each stockholder whose Shares are purchased in the Offer will receive the Purchase Price of $10.50 per Share (net to the tendering stockholder in cash, less any applicable withholding taxes and without interest). Stockholders may not tender more Shares than they own. Accordingly, a Letter of Transmittal that purports to te...
threshold = 100.... If we do so, the preceding provisions will apply to the greater value. Odd Lots. For purposes of the Offer, the term “odd lots” means all Shares properly tendered at the Purchase Price held by a stockholder who owns beneficially or of record an aggregate of fewer than 100 Shares, which we refer to as an “odd lot holder,” and so certifies in the appropriate place on the Letter of Transmittal and, if applicable, the Notice of Guaranteed Delivery. To qualify for the priority described above, an odd lot holder must tender all the Shares owned beneficially or of record by the odd lot holder in accordance with the procedures described in Section 3. As...
txn_type = TENDER_OFFEREX-99.(A)(I) 2 v410537_exh99ai.htm EXHIBIT (A)(I) Exhibit (a)(i) Offer to Purchase for Cash By GLOBAL NET LEASE, INC. Up to 11,904,761 Shares of its Common Stock at a Purchase Price of $10.50 per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, EASTERN TIME, ON JUNE 29, 2015, UNLESS THE OFFER IS EXTENDED OR WITHDRAWN (SUCH DATE AND TIME, AS THEY MAY BE EXTENDED, THE “EXPIRATION DAT...
txn_type = TENDER_OFFEREX-99.(A)(XX) 2 v414853_ex99axx.htm PRESS RELEASE, DATED JULY 6, 2015. Exhibit (a)(xx) FOR IMMEDIATE RELEASE Global Net Lease, Inc. Announces Final Results of Tender Offer New York, New York, July 6, 2015 – Global Net Lease, Inc. (“GNL” or the “Company”) (NYSE: GNL) announced today the final results of its tender offer for the purchase of up to 11,904,762 shares of its common stock, which expired at 12:00 midnight, Eastern Time, on June 29, 2015. Based on the final count by DST Systems, Inc., the paying ag...
untradeable = True...ed charge ratio(1) 2.91x 2.47x (1) Calculated as EBIT less one time acquisition costs divided by interest expense. 36 13. Certain Effects of the Offer. Offer Price Could Undervalue the Shares. Prior to listing our Shares on the NYSE on June 2, 2015, there was no established trading market for our Shares. The Purchase Price may not represent the current or future market value of our assets. We believe, however, that the Offer will augment the options available to stockholders in connection with the listing of the Shares on the NYSE by allowing them to tender all or a portion of their shares at the Purchase Price. Stockholders are urged t...
accepted = 11904762...withdrawn at the purchase price of $10.50 per share. In accordance with the terms and conditions of the tender offer, and based on the final count by the paying agent and depositary, the Company has accepted for purchase 11,904,762 shares of the Company’s common stock at a purchase price of $10.50 per share, for an aggregate cost of approximately $125.0 million, excluding fees and expenses relating to the tender offer. The 11,904,762 shares to be accepted for purchase in the tender offer represent approximately 6...
expired_on = 2015-06-29...July 6, 2015 – Global Net Lease, Inc. (“GNL” or the “Company”) (NYSE: GNL) announced today the final results of its tender offer for the purchase of up to 11,904,762 shares of its common stock, which expired at 12:00 midnight, Eastern Time, on June 29, 2015. Based on the final count by DST Systems, Inc., the paying agent and depositary for the tender offer, a total of 127,815,754 shares of the Company’s common stock were validly tendered and not properly withdrawn at the purchase price of $10.50 per share. In accordance with the te...
final_price = 10.5...th the terms and conditions of the tender offer, and based on the final count by the paying agent and depositary, the Company has accepted for purchase 11,904,762 shares of the Company’s common stock at a purchase price of $10.50 per share, for an aggregate cost of approximately $125.0 million, excluding fees and expenses relating to the tender offer. The 11,904,762 shares to be accepted for purchase in the tender offer represent approximately 6.6% of the Company’s currently issued and outstanding shares of common...
tendered = 127815754...s of its common stock, which expired at 12:00 midnight, Eastern Time, on June 29, 2015. Based on the final count by DST Systems, Inc., the paying agent and depositary for the tender offer, a total of 127,815,754 shares of the Company’s common stock were validly tendered and not properly withdrawn at the purchase price of $10.50 per share. In accordance with the terms and conditions of the tender offer, and based on the final count by the paying agent and depositary, the Company has accepted for purchase 11,904,762 shares of the Company’s common...
The filings
| Filed | Form | Role | On EDGAR |
|---|---|---|---|
| 2015-06-02 | SC TO-I | original (governing) | View |
| 2015-07-06 | SC TO-I/A | amendment | View |