Tetragon Financial Group Master Fund, a subsidiary of Tetragon Financial Group, has announced the Final Results of its tender offer (a modified Dutch auction) to purchase shares in Tetragon Financial Group Limited. In accordance with the terms of the Offer, the Master Fund has accepted for purchase 9,999,997 TFG non-voting shares at a purchase price of $10.00 per share. The company says that the aggregate cost of this purchase is $99,999,970, excluding fees and expenses relating to the offer, and that a total of 11,730,680 TFG non-voting shares were properly tendered at the purchase price of $10.00 per share. They also say that, because more than $100,000,000 in value of TFG non-voting shares was properly tendered, the offer has been subject to proration. Payment is expected to occur on or about June 14, 2016.
Tetragon Financial announces tender offer results : TFG