Tetragon Completes Tender Offer to Purchase Non-Voting Shares
Tetragon Financial Group Limited has completed its tender offer for non-voting shares under a modified Dutch auction. The company accepted 3,571,423 shares at $14 per share, totaling approximately $50 million in cash excluding fees and expenses. A total of 3,794,350 shares were tendered but due to exceeding the maximum amount available for purchase, a proration factor of 87.72% was applied. The tender offer expired on September 3, 2026, with J.P. Morgan acting as dealer manager and Computershare Investor Services PLC serving as tender agent. Payment is expected to be made by late September 2026. The shares not accepted will be returned promptly to shareholders who submitted them. Tetragon's non-voting shares are listed on Euronext Amsterdam and the Specialist Fund Segment of London Stock Exchange, managed by Tetragon Financial Management LP.
Topics: buybacks tender_offers