Purple Finance Ltd — Important, 01-01-1970: Company Update

Purple Finance has released the post-offer results for its open offer. The Acquirers sought to acquire up to 26% of the company's shares from public shareholders at `55 per share. However, only 36 equity shares were tendered and accepted in the offer. After this and prior warrant conversions, the Acquirers and PACs now hold 23.90% of Purple Finance. This low acceptance rate significantly altered the intended ownership structure, indicating minimal interest from public shareholders in selling their stake.