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Automotive Holdings Group Advises on Fourth Supplementary Bidder's Statement

15 May 2019  |  16:06:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: APE: Fourth supplementary bidder's statement

Automotive Holdings Group advised on fourth supplementary bidder's statement in relation to the Offer by A.P. Eagers to purchase all of ordinary shares in Automotive Holdings Group for 1 APE Share for every 3.6 AHG Shares that is owned. The AHG Board unanimously recommends shareholders to accept the Offer, in the absence of a superior proposal, and that shareholders should accept the Offer once AP Eagers waives the no Material Adverse Change Bid Condition. This Fourth Supplementary Bidder's Statement supplements, and should be read together with, AP Eagers bidder's statement dated 5 April 2019 (Original Bidder's Statement), first supplementary bidder's statement dated 26 April 2019.

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