Nam Tai Property (NTP) – Odd Lot Tender Offer – $30 guaranteed return

Current Price – $5.19

Offer Price – $5.5

Upside – 6% or $31

Expiration date –  29 May 2015

SEC Filling



Nam Tai Property Inc., a British Virgin Islands corporation (the “Company”), is offering to purchase up to 3,000,000 shares of the Company’s common stock, par value $0.01 per share (the “Company Common Stock”) at a price of $5.50 per share. The 3,000,000 shares represent approximately 7 % of our issued and outstanding Company Common Stock as of April 28, 2015


No proration for Odd Lot holders:

If you own beneficially or of record fewer than 100 shares in the aggregate, you properly tender all of these shares prior to the Expiration Time and you complete the section entitled “odd lots” in the Letter of Transmittal and, if applicable, in the Notice of Guaranteed Delivery, we will purchase all of your shares without subjecting them to the proration procedure


Source of Funds:

Assuming that the maximum of 3,000,000 shares are tendered in the Tender Offer, the aggregate purchase price will be approximately $16,500,000. We anticipate that we will pay for the shares tendered in the Tender Offer from our available cash.