Open Offer for acquisition of upto 2,03,90,006 (Two Crores Three Lakhs Ninety Thousand Six Only)
fully paid up equity shares of Re. 1 each from public shareholders except parties to SPA of Dynacons
Technologies Limited .
The Acquirer is hereby making a mandatory Open Offer in terms of SEBI (SAST)
Regulations, 2011 to the equity shareholders of the Target Company to acquire up to 2,03,90,006 (Two
Crores Three Lakhs Ninety Thousand Six Only) fully paid up equity shares (“Offer Size”) bearing a face
value of Re. 1/- each representing 26.00% of the total issued, subscribed, paid up and voting capital of
the Target Company pursuant to Share Purchase Agreement (SPA) dated August 08,2014.
Price/ consideration :
An offer price of Rs.1.30/- (Rupee One and Thirty Paisa Only) per fully paid up
equity share of Re. 1/- each of the Target Company (hereinafter referred to as “Offer Price”) will be
offered to the equity shares tendered in the Offer. Assuming full consideration, the total consideration
payable by the Acquirer will be Rs. 2,65,07,008/- (Rupees Two Crore Sixty Five Lakh Seven Thousand
Eight Only) (hereinafter referred to as “Offer Consideration”).
Mode of payment (cash/ security):
The Offer Price will be payable in cash.
SNOWMAN LOGISTICS LIMITED
PRICE OF ₹ [●] PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF ₹ [●] PER EQUITY SHARE) AGGREGATING ₹[●] MILLION (ISSUE). THE ISSUE WILL
CONSTITUTE 25.23% OF OUR POST-ISSUE PAID-UP EQUITY SHARE CAPITAL.