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Tyman Plc (TYMN) Ord 5p

Sell:373.50p Buy:390.50p 0 Change: 3.50p (0.90%)
FTSE 250:0.57%
Market closed Prices as at close on 17 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Bid situation | Scheme of Arrangement

Tyman Plc Ord 5p

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Cash and shares due
Details (last updated 20 Jun 2024)

Quanex Building Projects Corporation has made an offer to buy Tyman plc for 240p per share and 0.05715 of a new Quanex Building Products share.

 
Alternatively, you can elect to receive all of the consideration in the form of Quanex Building Products shares at a ratio of 0.14288 of a New Quanex Building Products share for every Tyman plc Share – this is called the ‘capped all-share alternative’.

 

 

What are my options?

 

Option 1 – Do nothing. If you want to receive the main offer of 240p and 0.05715 of a new Quanex Building Products share per Tyman plc share, you do not need to do anything. 

 

Option 2 – Elect for the Capped All-Share Alternative. You can give an instruction to receive 0.14288 of an Quanex Building Projects share for each Tyman plc share held.

 

Electing for the Capped All-Share Alternative – Act by noon on Tuesday 16 July 2024

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

 

 

×
Sell:373.50p
Buy:390.50p
Change: 3.50p (0.90%)
Market closed Prices as at close on 17 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Bid situation | Scheme of Arrangement

Tyman Plc Ord 5p

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Cash and shares due
Details (last updated 20 Jun 2024)

Quanex Building Projects Corporation has made an offer to buy Tyman plc for 240p per share and 0.05715 of a new Quanex Building Products share.

 
Alternatively, you can elect to receive all of the consideration in the form of Quanex Building Products shares at a ratio of 0.14288 of a New Quanex Building Products share for every Tyman plc Share – this is called the ‘capped all-share alternative’.

 

 

What are my options?

 

Option 1 – Do nothing. If you want to receive the main offer of 240p and 0.05715 of a new Quanex Building Products share per Tyman plc share, you do not need to do anything. 

 

Option 2 – Elect for the Capped All-Share Alternative. You can give an instruction to receive 0.14288 of an Quanex Building Projects share for each Tyman plc share held.

 

Electing for the Capped All-Share Alternative – Act by noon on Tuesday 16 July 2024

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

 

 

×
Sell:373.50p
Buy:390.50p
Change: 3.50p (0.90%)
Market closed Prices as at close on 17 July 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Bid situation | Scheme of Arrangement

Tyman Plc Ord 5p

Type:
Scheme of Arrangement
Shareholder action required:
Yes
Status:
Cash and shares due
Details (last updated 20 Jun 2024)

Quanex Building Projects Corporation has made an offer to buy Tyman plc for 240p per share and 0.05715 of a new Quanex Building Products share.

 
Alternatively, you can elect to receive all of the consideration in the form of Quanex Building Products shares at a ratio of 0.14288 of a New Quanex Building Products share for every Tyman plc Share – this is called the ‘capped all-share alternative’.

 

 

What are my options?

 

Option 1 – Do nothing. If you want to receive the main offer of 240p and 0.05715 of a new Quanex Building Products share per Tyman plc share, you do not need to do anything. 

 

Option 2 – Elect for the Capped All-Share Alternative. You can give an instruction to receive 0.14288 of an Quanex Building Projects share for each Tyman plc share held.

 

Electing for the Capped All-Share Alternative – Act by noon on Tuesday 16 July 2024

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

 

 

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Tyman plc is a supplier of engineered fenestration components and access solutions to the construction industry. Its segments include North America, United Kingdom & Ireland and International. The North American segment consists of two businesses: AmesburyTruth and Bilco. AmesburyTruth is a manufacturer of hardware components, extrusions and seals for the window and patio door industry. Bilco provides wide range of specialty access and safety products, including smoke vents, roof access hatches. The United Kingdom & Ireland segment consists of three businesses: ERA, Zoo, and Access 360. ERA is engaged in designing, manufacturing, and supplying decorative and security hardware and smart ware for residential doors and windows. Zoo is a designer and supplier of architectural door hardware, predominantly for commercial applications. The International segment is a provider of hardware and seals to the door and window industry and comprises three brands, Giesse, Reguitti, and Schlegel.

Contact details

Address:
29 Queen Annes Gate
LONDON
SW1H 9BU
United Kingdom
Telephone:
+44 (020) 79768000
Website:
https://www.tymanplc.com/

Important dates

Future events
There are no future events available.
Past events
General meeting 12 July 2024 12/07/24
Final dividend payment date 29 May 2024 29/05/24
AGM 16 May 2024 16/05/24
Final ex-dividend date 25 April 2024 25/04/24
Annual report 28 March 2024 28/03/24
Final results 07 March 2024 07/03/24
Trading Announcement 16 November 2023 16/11/23
Interim dividend payment date 08 September 2023 08/09/23
Interim ex-dividend date 03 August 2023 03/08/23
Interim results 25 July 2023 25/07/23

General stock information

EPIC:
TYMN
ISIN:
GB00B29H4253
Market cap:
£761.31 million
Shares in issue:
194.96 million
Sector:
Construction & Materials
Exchange:
London Stock Exchange
Currency:
Sterling pence
Indices:
FTSE 250,FTSE 350,FTSE All Share,FTSE 350 Higher Yield

Key personnel

  • Rutger Helbing
    Chief Executive Officer, Executive Director
  • Jason Ashton
    Chief Financial Officer, Executive Director
  • Peter Ho
    General Counsel, Company Secretary
  • Juliette Lowes
    Group Financial Controller

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by NBTrader.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.