Odd Lot Index

GLOBAL SOURCES LTD /BERMUDA

Terms unclear

Unclear — read the filing yourself
StatusClosed
Closing date2010-07-28
How it is pricedFixed price
Odd-lot threshold—
Must tender everything you holdYes
Must tick the odd-lot box on the formYes
Price offeredUSD $9.00 per share
Most an odd-lot tender could be$891.00

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...er to Purchase. If I own 50 or fewer Shares and I tender all of my Shares, will I be subject to proration? If you own, beneficially or of record, 50 or fewer Shares in the aggregate, you properly tender all of these Shares prior to the Expiration Date and you complete the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, in the Notice of Guaranteed Delivery (the “Notice of Guaranteed Delivery”), we will purchase all of your Shares without subjecting them to the proration procedure. See Section 1 of the Offer to Purchase. -1- How will Global Sources pay for the Shares? We will obtain the funds needed to pay for this tender offer from c...
expiry = 2010-07-28...a)(1)(A) OFFER TO PURCHASE FOR CASH UP TO 11,121,000 SHARES OF ITS COMMON SHARES AT A PURCHASE PRICE OF $9.00 PER SHARE by Global Sources Ltd. THE TENDER OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON JULY 28, 2010, UNLESS GLOBAL SOURCES EXTENDS THE TENDER OFFER. Global Sources Ltd., a Bermuda company (the “Company” or “Global Sources” or “we” or “us”), is offering to purchase for cash up to 11,121,000 shares of its common shares, par value $0.01 (th...
listed = True...med an ongoing right that may be asserted at any time and from time to time. Any determination or judgment by Global Sources concerning the events described above will be final and binding on all parties. 7. Price Range of Shares; Dividends. Our common shares are listed on the Nasdaq National Market under the symbol “GSOL.” The following table sets forth, for the periods indicated, the range of the high and low sales prices of our common shares as reported by the Nasdaq National Market as adjusted for the one for ten bonus share issues announced on February 16, 2004, March 1, 2005, March 6, 2006, March 5, 2007, December 20, 2007 and February 12,...
mechanism = FIXED...il 10, 2003) (File No. 333-104426). (d)(11) The Global Sources Directors Share Grant Award Plan (incorporated by reference to Form 20-F filed on June 26, 2009). -9- Exhibit (a)(1)(A) OFFER TO PURCHASE FOR CASH UP TO 11,121,000 SHARES OF ITS COMMON SHARES AT A PURCHASE PRICE OF $9.00 PER SHARE by Global Sources Ltd. THE TENDER OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON JULY 28, 2010, UNLESS GLOBAL SOURCES EXTENDS THE TENDER OFFER. Global Sources Ltd., a Bermuda company (the “Company” or “Global Sources” or “we” or “us”), is offering to purchase for cash up to 11,121,000...
must_tender_all = True...ill happen if more than 11,121,000 Shares are properly tendered and not properly withdrawn? If more than 11,121,000 Shares are properly tendered and not properly withdrawn, we will purchase Shares: · first, from all holders of “odd lots” of 50 Shares or fewer who properly tender all of their Shares and do not properly withdraw them before the Expiration Date; and · second, from all other shareholders who properly tender Shares, on a pro rata basis. Because of the “odd lot” priority and proration provisions described above, we may not purchase all of the Shares that you tender. See Section 1 of the Offer to Purchase. If I own 50 or...
price = USD 9.0...rant Award Plan (incorporated by reference to Form 20-F filed on June 26, 2009). -9- Exhibit (a)(1)(A) OFFER TO PURCHASE FOR CASH UP TO 11,121,000 SHARES OF ITS COMMON SHARES AT A PURCHASE PRICE OF $9.00 PER SHARE by Global Sources Ltd. THE TENDER OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON JULY 28, 2010, UNLESS GLOBAL SOURCES EXTENDS THE TENDER OFFER. Global Sources Ltd., a...
txn_type = TENDER_OFFER...of the Subject Company. 6 Item 9. Persons/Assets Retained, Employed, Compensated or Used. 6 Item 10. Financial Statements. 6 Item 11. Additional Information. 6 Item 12. Exhibits. 6 Item 13. Information Required by Schedule 13E-3. 7 SIGNATURE 8 EXHIBIT INDEX 9 OFFER TO PURCHASE LETTER OF TRANSMITTAL NOTICE OF GUARANTEED DELIVERY LETTER TO BROKERS, DEALERS LETTER TO CLIENTS PRESS RELEASE SUMMARY OF TERMS -3- This Tender Offer Statement on Schedule TO relates to the offer by Global Sources Ltd., a Bermuda company (the “Company” or “Global Sources”), to purchase for cash up to 11,121,000 shares of its common share...
txn_type = TENDER_OFFER...s.com Tel: (1 415) 433-3777 e-mail: tdien@lhai.com Global Sources announces preliminary tender offer results NEW YORK, July 30, 2010 – Global Sources Ltd. (NASDAQ: GSOL) (http://www.globalsources.com) announced today the preliminary results of its cash tender offer to purchase up to 11,121,000 shares of its outstanding common shares at a price of $9.00 per share. The offer to purchase shares commenced on June 30, 2010 and expired at 12:00 midnight, U.S. Eastern Time, on July 28, 2010. As of July 28, 2010, the company’s shares closed at $8.65 per share, as compared to $7.84 per share as of June 30, 2010, the da...
txn_type = TENDER_OFFER...y the Company to purchase for cash up to 11,121,000 shares of its common shares, par value $0.01 per share (the “Shares”) at a price of $9.00 per share, net to the seller in cash, without interest, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated June 30, 2010 (the “Offer to Purchase”) and the related Letter of Transmittal (the “Letter of Transmittal”), which together, as each may be amended and supplemented from time to time, constitute the offer (the “Offer”). This Amendment to Schedule TO is intended to satisfy the reporting requirements of Rule 13e−4(c)(4) of the Secur...

The filings

FiledFormRoleOn EDGAR
2010-06-30SC TO-Ioriginal (governing)View
2010-07-30SC TO-I/AamendmentView
2010-08-09SC TO-I/AamendmentView