You are on page 1of 3

Qrcrct Securities

To,

The Corporate Helations Department


BSE Limited
Botunda Building, 1"' floor
Mumbai Samachar Marg,
Mumbai - 400 001
Date: Ju ly 18.2016

Subiect: Open offer ("Offer") for acquisition of equity shares ot face value of Rs. 10 each ("Equity
Shares") Irom the public shareholders of ADC lndia Communications Limited ("Target Company")
by Commscope Technologies LLC (Iormerly known as Andrew LLC) ("Acquirer/') along with
CommScope, lnc. ("PAC"), in its capacity as the person(s) acting in concert with the Acquirer
Dear Sir,
Pursuant to and in compliance with Regulations 3,4 and 5(1) read with Regulations 13(2)(e) and 15(1)
of the Securities and Exchange Board of lndia (Substantial Acquisition of Shares and Takeovers)
Begulations, 201 1, as amended r'SEBI (SAST) Regulations"), the Acquirer together with the PAC is
making an open offer for acquisition of up to 1 1,96,000 Equity Shares from the public shareholders of

the Target Company, representing 26% of the total share capital.


lClCl Securities Limited {"Manager") has been appointed as the Manager to the Offer by the Acquirer,
in terms of Regulation 12 of the SEBI (SAST) Regulations.

The Manager, on behalf of the Acquirer and the PACS, issued a Public Announcement for the Offer
("PA") on February 2,2015 which was duly intimated to BSE Limited ("BSE"), being the stock
exchange where the equity shares of the Target Company are listed. A copy of the PA was filed with
SEBI and sent to the Target Company at its registered office by way of letters dated February 2, 2015,
in terms of Hegulations 14(2) of the SEBI (SAST) Regulations.
Subsequently, the Acquirer completed the Primary Acquisition (as defined in the Draft Letter of Offer)
on August 28, 2015. Accordingly, the detailed public statement ("DPS") in relation to this Offer was
published on September 4,2015in compliance with Regulation 14{3) of the SEBI (SAST) Regulations.
Copies of the DPS were filed with SEBI and BSE on September 4, 2015 and sent to the Target
Company at its registered office by way of letters dated September 4, 2015.

Further, in relation to the offer, the Post Offer Advertisement dated July 15, 2016 ("Post Offer
Advertisement") was published on July 18,2016 in the same newspapers, where the DPS was
published, namely:

Newspaoer
Financial Express
Jansatta
Hosa Diqantha
Navshakti

..

Lanquaqe
Enqlish

Hindi
Kannada

Marathi

Editions
All editions
All editions
Banqa Iore ed ition
Mumbai edition
r.

, 1N,r:0_r Si.:l Ei.1a-qe.' roa -:ii t 3:r,L:/:rrr i, i, rtr 1l


Markel
lls: reg- li. I,lB l-lr.rl]|.li Blit q.i ilr llll 111 286954
Futures 6 options: riSE F:!n
^ir |Ii:3IiIril-ri i]IE F](x lri r,t lllirrlll.la
C!rcncy Dorvairves : NS! r.q \. 1lt 2lirilr'l-r
CIN No iril la!r r!9aF.ala52lr
Mf1r

Captal

lClCl Scuriries Limited


R69istorod Otf ic (lnstitutional):
lClCl Cenire, H T, Parekh Marg,
Churchgale, Mumbai 400 020, nd a.
Iel 191 22) 22AA 2464 70

corporato offico lR6teilli


Shree Sawan Knowledge Park, Plot No D-507,

Fax (91 22) 2282 6580

Fa\ \91 22) 4074 1022

TIC lnd

Are., M.l.D C,Turbhe, Navi Mumbai- 400 705


Tel 19r 22) 4070 1000

Name oI Compliance Officer (Broking Operations) : Ms. Marnta Jayaram Shetty


Email AddrBss: compllanceoff icer@icicisecurities.com / Tel (91 22) 4070 1000

Website Address: www.icicisecurities.com / www.icicidirect.com

Orcrct

Securities

Further to the above. please find enclosed a copy of the published Post Offer Advertisement dated
July 15, 2016 for your kind reference and records,
Please feel free to contact us if you require any additional information.

Thanking you
Yours faithfully
For and on behaff of lClCl Securities Limited

Name: Vishal Kanlani


Designation: Vice President
Enclosed: a/a

Natioml Stock [xchange 0f lndia Lld 6 Bombay Stock Exchange Ltd.


NSE Begn. No. INB 230773037.8SE Regn No INB 011286854
Fiturs & @tiorE
NSt Reqn. No. lNf 230773037. BSE Begn. No INF 010773035
NSE flegn. No INE 230773037
Curnc'y Dorivatives
CIN No.: 1167120MH1995P1C086241
Member

Cqital

ol

l{rfrt:

lClCl S.cu?iri6r Limit.d


RoClrt!.ld Offce (ln!dtjdon.l):
lClcl Centre, H.

T. Parekh

Marg,

churchgare, Mumbai 400 020, lndia.

rel

\91 22\ 22AA 246OnO


Fax (91 22)2282 6580

Co,por.te Otffc. (R6t ll):


Shree Sawan Knowledge Park, Plor No. D-507,
T.T.C. lnd. Ar6a, M.l.D.C,Turbhe, Navi Mumbai - 400 705
Tel {91 22)4070 1000
F6x \91 221 4070 1022

Nsme oI Compliancg Ofticr (Broking Operations) : Ms. Mamta Jayaram Shetty


Emoil Addross: complianceofficer@icicisecurities.com / Tel (91 22) 4070 1000
Web8ito Addrgss: www.icicisecurities.com / wwwicicidirect.com

POST OFFER ADVERTISEMENT UNDER REGULATION 18(12) IN TERMS OF SEBI


(SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS)
REGULATIONS, 2011, AS AMENDED
FOR THE ATTENTION OF THE PUBLIC SHAREHOLDERS OF:

ADC INDIA COMMUNICATIONS LIMITED


Registered Office: No. 485/8A & 8B, 14th Cross, 4th phase, P. B. No. 5812,
Peenya Industrial Area, Bangalore, Karnataka - 560058, India.
Tel.: +91 80 28366291; Fax: +91 8028362214
Open offer (Offer) for acquisition of up to 11,96,000 (Eleven lakhs ninety six thousand)
fully paid-up equity shares of face value of INR 10 (Indian Rupees Ten) each
(Equity Shares), representing 26% (twenty six percent) of the fully diluted voting equity
share capital of ADC India Communications Limited (Target Company), as of the 10th
working day from date of closure of the tendering period, by CommScopeTechnologies
LLC (formerly known as Andrew LLC) (Acquirer) along with CommScope, Inc. (PAC),
in its capacity as the person acting in concert with the Acquirer. Save and except for the
PAC, no other person is acting in concert with the Acquirer for the purpose of this Offer.
POST-OFFER ADVERTISEMENT
This post offer advertisement (Post Offer Advertisement) is being issued by ICICI Securities
Limited (Manager to the Offer) in respect of the open offer on behalf of Acquirer and the
PAC in compliance with Regulation 18(12) of the Securities and Exchange Board of India
(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent
amendments thereto (SEBI (SAST) Regulations) for the acquisition of up to 11,96,000 fully
paid-up equity shares of face value of ` 10 (Rupees Ten) each representing 26% (twenty six
percent) of the fully diluted voting equity share capital of the Target Company.
The Detailed Public Statement with respect to the aforementioned offer was made on
Friday, September 4, 2015 in the following newspapers:
Newspaper
Language
Editions
Financial Express
English
All editions
Jansatta
Hindi
All editions
Hosa Digantha
Kannada
Bangalore edition
Navshakti
Marathi
Mumbai edition
1. Name of the Target Company
: ADC India Communications Limited
2. Name of the Acquirer(s) and PAC : CommScope Technologies LLC
(formerly known as Andrew LLC) (Acquirer),
CommScope, Inc. (PAC)
3. Name of the Manager to the Offer : ICICI Securities Limited
4. Name of the Registrar to the Offer : Karvy Computershare Private Limited
5. Offer Details
a. Date of Opening of the Offer
: Tuesday, June 14, 2016
b. Date of Closure of the Offer
: Monday, June 27, 2016
6. Date of Payment of Consideration : Monday, July 11, 2016
7. Details of Acquisition
:
Sr.
Proposed in the
Particulars
Actuals
No.
Offer document
7.1 Offer Price (`)(per Equity Share)
228.33
228.33
7.2 Aggregate number of shares tendered
11,96,000
208,677
7.3 Aggregate number of shares accepted
11,96,000
208,677
7.4 Size of the Offer (`)
(Number of shares multiplied by the
27,30,82,680.00
4,76,47,219.41
offer price per share)
7.5 Shareholding of the Acquirer and Acquirer - Nil (0.00%) Acquirer - Nil (0.00%)
PAC
before
Agreements/Public
PAC - Nil (0.00%)
PAC - Nil (0.00%)
Announcement (No. & %)*
7.6 Shares acquired by way of Agreements
This is an indirect
This is an indirect
acquisition
acquisition
Number
Nil
Nil
% of Fully Diluted
Nil
Nil
Equity Share Capital
7.7 Shares acquired by way of Open Offer
Number
11,96,000
208,677
% of Fully Diluted
26.00%
4.54%
Equity Share Capital
7.8 Shares acquired after Detailed Public
Statement
Number of shares acquired
Nil
Nil
Price of shares acquired
Not Applicable
Not Applicable
% of the shares acquired
0.00%
0.00%
7.9 Post offer share holding of Acquirer
and PAC
Number
11,96,000
208,677
% of Fully Diluted
26.00%
4.54%
Equity Share Capital
7.10 Pre & Post offer shareholding of the
Pre
Post
Pre
Post
Offer
Offer
Offer
Offer
Public
Number
1,495,640 299,640 1,495,640 1,286,963
% of Fully Diluted
32.51%
6.51%
32.51%
27.98%
Equity Share Capital
8. The Acquirer, the Acquirers directors and the PAC severally and jointly accept full
responsibility for the information contained in this Post Offer Advertisement and also for
the obligations under SEBI (SAST) Regulations.
9. A copy of this Post Offer Advertisement will be available on the websites of SEBI and BSE
and the registered office of the Target Company.
10. Capitalized terms used herein but not specifically defined shall have the same meaning
as ascribed to them in the Letter of Offer dated June 3, 2016 issued by the Acquirer and
the PAC.
ISSUED FOR AND ON BEHALF OF THE ACQUIRER AND PAC,
BY THE MANAGER TO THE OFFER:

ICICI SECURITIES LIMITED


SEBI Regn. No.: INM000011179
ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400020, Maharashtra, India
Tel.: +91 22 2288 2460/2288 2470; Fax: +91 22 2282 6580
Email ID: project.river@icicisecurities.com
Contact Person: Ms. Payal Kulkarni/Mr. Vishal Kanjani
Date : July 15, 2016
Place : Mumbai
PRESSMAN
Size: 12(w) x 33(h)

You might also like