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Orca Energy Group Inc (ORC/B) Sub Voting NPV Class B

Sell:6.08 CAD Buy:6.12 CAD Change: 0.04 CAD (0.66%)
Market closed |  Prices as at close on 15 January 2021 | Switch to live prices |
Tender Offer

Orca Energy Group Inc Sub Voting NPV Class B

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 5 Jan 2021)

Orca Energy Group Inc wants to purchase and cancel up to CAD40 million worth of its class B shares. To do this the company is offering to buy its class B shares at a price between CAD6.50 and CAD7.50.

 

Please see below for a breakdown of the Tender Offer:

 

•  You can ask to sell (tender) some or all of your shares at a specific price which is not less than CAD6.50, or greater than CAD7.50 (in increments of CAD0.05, e.g. CAD6.50, CAD6.55, CAD6.60, CAD6.65, etc.) Alternatively you can ask to tender at the eventual purchase price, which will be determined on completion of the offer.

• The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to CAD40 million.

•  If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.

•  If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender.

 

What are my options?

 

You can choose whether you wish to tender shares in this offer. The deadline to give an instruction is noon on Thursday 14 January 2021.

 

Option 1 – Tender a number of shares at a price between CAD6.50 and CAD7.50 (in increments of CAD0.05). Any election must state the number of shares you wish to tender and the price at which you wish to tender using the additional comment box. If you do not give a tender price it will be assumed that your election is to tender at the purchase price.

 

Option 2 - Tender a number of shares at the purchase price. Shareholders can tender their shares without specifying a price. Any election must state the number of shares you wish to tender.

 

Option 3 – Take no action. Shareholders are not obliged to tender any number of shares. If you don’t give as an instruction your shares won’t be tendered and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:6.08 CAD
Buy:6.12 CAD
Change: 0.04 CAD (0.66%)
Market closed |  Prices as at close on 15 January 2021 | Switch to live prices |
Tender Offer

Orca Energy Group Inc Sub Voting NPV Class B

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 5 Jan 2021)

Orca Energy Group Inc wants to purchase and cancel up to CAD40 million worth of its class B shares. To do this the company is offering to buy its class B shares at a price between CAD6.50 and CAD7.50.

 

Please see below for a breakdown of the Tender Offer:

 

•  You can ask to sell (tender) some or all of your shares at a specific price which is not less than CAD6.50, or greater than CAD7.50 (in increments of CAD0.05, e.g. CAD6.50, CAD6.55, CAD6.60, CAD6.65, etc.) Alternatively you can ask to tender at the eventual purchase price, which will be determined on completion of the offer.

• The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to CAD40 million.

•  If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.

•  If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender.

 

What are my options?

 

You can choose whether you wish to tender shares in this offer. The deadline to give an instruction is noon on Thursday 14 January 2021.

 

Option 1 – Tender a number of shares at a price between CAD6.50 and CAD7.50 (in increments of CAD0.05). Any election must state the number of shares you wish to tender and the price at which you wish to tender using the additional comment box. If you do not give a tender price it will be assumed that your election is to tender at the purchase price.

 

Option 2 - Tender a number of shares at the purchase price. Shareholders can tender their shares without specifying a price. Any election must state the number of shares you wish to tender.

 

Option 3 – Take no action. Shareholders are not obliged to tender any number of shares. If you don’t give as an instruction your shares won’t be tendered and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:6.08 CAD
Buy:6.12 CAD
Change: 0.04 CAD (0.66%)
Market closed |  Prices as at close on 15 January 2021 | Switch to live prices |
Tender Offer

Orca Energy Group Inc Sub Voting NPV Class B

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 5 Jan 2021)

Orca Energy Group Inc wants to purchase and cancel up to CAD40 million worth of its class B shares. To do this the company is offering to buy its class B shares at a price between CAD6.50 and CAD7.50.

 

Please see below for a breakdown of the Tender Offer:

 

•  You can ask to sell (tender) some or all of your shares at a specific price which is not less than CAD6.50, or greater than CAD7.50 (in increments of CAD0.05, e.g. CAD6.50, CAD6.55, CAD6.60, CAD6.65, etc.) Alternatively you can ask to tender at the eventual purchase price, which will be determined on completion of the offer.

• The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to CAD40 million.

•  If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.

•  If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender.

 

What are my options?

 

You can choose whether you wish to tender shares in this offer. The deadline to give an instruction is noon on Thursday 14 January 2021.

 

Option 1 – Tender a number of shares at a price between CAD6.50 and CAD7.50 (in increments of CAD0.05). Any election must state the number of shares you wish to tender and the price at which you wish to tender using the additional comment box. If you do not give a tender price it will be assumed that your election is to tender at the purchase price.

 

Option 2 - Tender a number of shares at the purchase price. Shareholders can tender their shares without specifying a price. Any election must state the number of shares you wish to tender.

 

Option 3 – Take no action. Shareholders are not obliged to tender any number of shares. If you don’t give as an instruction your shares won’t be tendered and your holding will remain unchanged.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
6.17 CAD
Trade high:
6.17 CAD
Year high:
6.70 CAD
Market capitalisation
Market cap.
:
248.54 million CAD
Previous close:
6.08 CAD
Trade low:
6.12 CAD
Year low:
3.84 CAD
Shares in issue
Shares
:
26.14 m
Previous:
0.10 CAD (1.62%)
Previous:
0.10 CAD
Volume:
n/a
Dividend yield:
4.61%
Currency:
CAD
Data delayed by at least 15 minutes.

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Important Documents

There are no documents available for this stock.

Dividend information for this stock is not available.

Dividend information for this stock is not available.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Reuters. Charts provided by Factset. 'Broker forecast' and 'Recent trades' provided by MoneyAM. News and fundamental data provided by Digital Look. Exchange disclaimer

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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.