English
Back

TNET.US Tender Offer

TRINET GROUP INC (TNET.US) is offering to purchase up to 5,981,308 shares at purchase price of $107.00 per share (the "Offer Price") to holders in net cash, without interest, and subject to the terms and conditions set forth in this Offer to Purchase and the associated letter of transmittal Conditional tax withholding( if any). The offer is also subject to subject to conditional random lot acceptance. Participants must obtain the Offer to purchase dated August 1, 2023 for complete terms and conditions of the offer. 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): USD 107 per share tendered and accepted(less any applicable withholding tax)

The deadline to tender shares to the offer will be 21/08/2023@ 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: TNET.US
4. Options: (1) or (2)
5. Number of shares participating in corporate actions:

Note to applicants:
1. If shareholders holding 1 share or less of TNET.US, they cannot participate in related corporate actions.
2. Option 1 is the default option. We will help clients to choose option 1 if have not received clients’ emails.
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is submitted, the stocks participating in the company's actions cannot be traded and the application cannot be withdrawn.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.