"Today, the Cellestis Shareholders Action Group (CSAG) is enormously pleased to announce that support for a NO vote in regard to the proposed takeover of Cellestis by Qiagen NV has been overwhelming.
To date, the number of shares that have indicated their intention to vote NO has reached 32,853,318. This represents 34.2% of the issued share capital of Cellestis.
Given that a NO vote of 25% assures that the takeover will not proceed, we can now reject this Scheme.
We caution, however, that to ensure our victory we need every single vote that we can muster. In addition to defeating this Scheme, it is important that we send the message that we are loyal, long term investors in OUR Company and we will NOT be pushed out of our chosen investment for a pittance.
Those of you with a calculator to hand will correctly realize that there are still many shareholders out there that we have not yet been able to reach out to. It is our aim to do so over the coming days and weeks. No doubt the NO vote will continue to climb.
We must all work together and stay the course to achieve a better outcome for all shareholders.
At this time, on behalf of everybody that is working on this matter, allow me to thank all shareholders for their amazing and overwhelming support.
The CSAG Team will remain dedicated to this task through to it's conclusion, no matter how long it takes.
Vic Bula Spokesman CSAG (Cellestis Shareholders Action Group)"
CST Price at posting:
$3.46 Sentiment: Hold Disclosure: Held