English
Back

WH.US Tender offer

WYNDHAM HOTELS & RESORTS INC (WH.US) is offering to purchase at a price of US$49.50 per share and 0.324 shares of Choice Hotels International, Inc. Stock to holders, without interest, and subject to withholding taxes (if any) pursuant to the terms and conditions set forth in this purchase offer and related transfer instructions. Participants should refer to the Offer to Exchange FORM S-4 REGISTRATION STATEMENT dated 26/01/2024. Participants should consult their tax advisor for complete details in reference to withholding taxes.

The terms of the offer are as follows:

Option (1): Take no action [Default option]

Option (2): US$49.50 in cash and 0.324 shares of CHH (Choice Hotels International, Inc.).

Option (3): CASH ELECTION @ RTBD - Ready to be Determined

Option (4): STOCK ELECTION @ RTBD - Ready to be Determined

If the total cash payable in the Offer differs from the Total Cash Payable in the Offer due to the elections made by tendering Wyndham stockholders (Cash Elections or Stock Elections), such elections will be subject to proration.

The deadline to tender shares to the offer will be 01/03/2024@ 16:00 (HONG KONG TIME GMT+8).

In the absence of an election, no action will be taken.

Please fill in the following information and use the registered email address of Futu to send an email to cs@futuhk.com.

1. Account Number:
2. Name: (In Chinese or English)
3. Stock code: WH.US
4. Options: (1) or (2) or (3) or (4)
5. Number of shares participating in corporate actions:

Note to applicants:
1. For shareholders holding less than 1 share of WH.US, they cannot participate in related corporate actions.
2. Option (1) is the default option (no need to reply to the email). If you do not reply to the email, the default option will be selected on the above corporate action deadline.
3. Once the relevant application is submitted, the stocks participating in the company's actions cannot be traded and the application cannot be withdrawn.
4. This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
5. The pending orders and unsettled shares will not be accepted for the time being.
6. Please confirm that the account funds are sufficient to pay the relevant fees of this corporate action. Otherwise, we will not bear any responsibility for the failure of your application.
7. If there is any update, all the information released by the listed company shall prevail.