CEC | Offer Document – Zambian Transmission LLP

On 23 January 2018, the Offeror (details of which are set out in paragraph 3 below) confirmed its intention to make a binding offer for CEC pursuant to which the Offeror would offer to purchase all of the ordinary shares in the capital of CEC. The Offer is being implemented by way of a takeover offer under the Takeover Rules. The Board of CEC issued the Announcement containing details of the intention to make a binding offer on 30 January 2018.

This letter, Part IV of this document and the Form of Acceptance, contain the formal terms and Conditions of the Offer for your CEC Shares.

You can expect to receive a circular from CEC which will be posted within 14 days of the date of posting of this document. Pursuant to the Takeover Rules, this circular will contain all the information which CEC considers to be necessary to enable CEC Shareholders to make a properly informed decision on the Offer. This will include the views of the board of directors of CEC on the Offer and the written advice of the financial adviser to CEC as to whether the Offer is, or is not, fair and reasonable and the reasons therefor…

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CEC – Offer Document – Zambian Transmission LLP.pdf