Examples of CareTech Directors in a sentence
To ensure proper use, the District may monitor its technological resources at any time without advance notice or consent.
The CareTech Directors have received financial advice from Jefferies in relation to the Transaction.
The CareTech Directors anticipate a combination of CareTech and Cambian will deliver significant synergies, allow continuation of aligned strategies and sharing of best practices and optimise investments in strategic initiatives.
The CareTech Directors believe the Transaction will be significantly accretive to CareTech's earnings in the first full financial year following Completion, with a return on invested capital above CareTech's cost of capital in the first full financial year following Completion.
For the purpose of Rule 28 of the Takeover Code, the Quantified Financial Benefits Statement contained in this Announcement is the responsibility of CareTech and the CareTech Directors.
Through the combination, Cambian would be able to leverage CareTech's highly developed recruitment and retention functions, which have contributed to CareTech achieving staff turnover rates of 21 per cent., which, the CareTech Directors believe, is substantially better than the sector average.
The CareTech Directors believe that CareTech's fostering services across mainstream, specialist, and family assessments would reinforce the therapeutic services provided by Cambian.
In addition to the irrevocable undertakings from the CareTech Directors: • CareTech and Cambian have received an irrevocable undertaking from Stichting Value Partners Family Office; and • CareTech has received an irrevocable undertaking from Liontrust, to vote in favour of the CareTech Resolutions at the CareTech General Meeting in respect of 20,731,157 CareTech Shares representing, in aggregate, approximately 27.4 per cent.
Appendix 4 Part A contains the statement made by the CareTech Directors on the anticipated quantified financial benefits of the Transaction together with the relevant bases of belief (including sources of information and principal assumptions) supporting the statement and their analysis and explanation of the underlying constituent elements.
Cambian has procured irrevocable undertakings from CareTech Directors to vote their own beneficial holdings of CareTech Shares in favour of the CareTech Resolutions in respect of an aggregate of 11,266,619 CareTech Shares representing, in aggregate, approximately14.9 per cent.