San Leon has released the details of its Tender Offer , confirming that the deal was oversubscribed , with 81,177,508 shares tendered . The Tender Offer was oversubscribed, with a total of 81,177,508 Ordinary Shares validly tendered by Qualifying Shareholders. As a result , 50,475,000 shares , or 9.97 % of the company and the maximum authorised under the Tender Offer , will be acquired at a cost of £ ##500 m ( $ 100 m ) .
San Leon has released the details of its Tender Offer , confirming that the deal was oversubscribed , with 81,177,508 shares tendered . As a result , 50,475,000 shares , or 9.97 % of the company and the maximum authorised under the Tender Offer , will be acquired at a cost of £ ##500 m ( $ 100 m ) .