SFS holds 89.51% of WKH after PO

With reference to the Public Offer of SFS Group Public Company Ltd for the acquisition of up to 100% of the issued share capital of White Knight Holdings Public Company Ltd, it has emerged that the final rate of acceptance of the Public Offer by the shareholders of WKH stands at 18.64% and not 18.66% as announced on May 29, 2007. As a result, together with 70.87% that SFS and its subsidiary, Franston Ltd already hold in WKH, the total stake that SFS secures stands at 89.51% of the issued share capital of WKH.
SFS has proceeded to the issue and allocation of 11,782,410 new ordinary shares of nominal value CYP0.60 each to the shareholders of WKH who accepted the Public Offer (0.2917 new shares of SFS for every share of WKH) and has applied for their listing in the CSE.