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Investegate |Trans-Siberian Gold Announcements | Trans-Siberian Gold: Offer Update


Offer Update
Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Russia,
announced on 18 March 2021 a recommended pre-conditional mandatory cash offer (the Offer ) to be made by Horvik Limited ( Horvik ) for
the Company and that Horvik had
agreed to acquire 44,558,918 ordinary shares of TSG, representing approximately 51.2 per cent. of TSG s issued share capital (excluding any shares held in treasury), in two tranches from a group of TSG s shareholders (the Selling Shareholders ) (the Acquisition ).
 
Horvik completed the acquisition of
21,437,000 ordinary shares of TSG, representing approximately 24.7 per cent. of TSG s issued share capital (excluding any shares held in treasury) in the first stage of the Acquisition on 18 March 2021. Horvik announced on 19 May 2021 that it had received regulatory approval from the Russian Federal Antimonopoly Service in respect of its acquis ....

Florian Fenner , Charlie Jack Katerina Parker , Robert Sasson , Charles Ryan , Ailsa Macmaster , Henry Fitzgerald Oconnor James Asensio , Hudson Sandler , Stewart Dickson , Canaccord Genuity , Russian Federal Antimonopoly Service , Horvik Limited , Panmure Gordon United Kingdom , Siberian Gold , Selling Shareholders , Second Completion , Long Term Incentive Plans , Relevant Directors , Award Shares , Relationship Agreement , Shareholder Directors , Selling Shareholder , Nominated Adviser , Joint Corporate Broker , James Asensio , United Kingdom , Hugh Rich ,

Investegate |Trans-Siberian Gold Announcements | Trans-Siberian Gold: Significant Shareholders' Holdings


+44 (0) 207 614 5900
Hudson Sandler
(Financial PR)
+44 (0) 207 796 4133
 
About TSG
TSG is focused on low cost, high grade mining operations and stable gold production from its 100% owned Asacha Gold Mine in Far East Russia. The Company also holds the licence for the development and exploration of the Rodnikova deposit, one of the largest gold fields in South Kamchatka.
Additional information is available from the Company s website: 
www.trans-siberiangold.com
 
Market Abuse Regulations
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ( MAR ). Upon the publication of this announcement via Regulatory Information Service ( RIS ), this inside information is now considered to be in the public domain. ....

Florian Fenner , Vadim Ognestsikov , Adrian Parkinson , Robert Sasson , Charles Ryan , Petrovka Gmb , Tim Dainton Fraser Marshall , Stewart Dickson , Russia Select Master Ltd , Regulatory Information Service , Ryan Lambert Family , Investment Company , Significant Shareholder Holdings , Situations Fund , Siberian Gold , Shareholder Holdings , Total Voting , Companyi Limited , Select Master , Corporate Finance , Fraser Marshall , Equity Sales , Katerina Parker , Asacha Gold Mine , Far East , Market Abuse Regulations ,