Exhibit (a)(6)
Translation for information purposes
OFFER TO EXCHANGE ORDINARY SHARES OF TUBOS DE ACERO DE
MEXICO, S.A. ("Tamsa") FOR ORDINARY SHARES OF TENARIS, S.A.
("Tenaris") WITH STICKERS "TAMSA" AND "TS",
RESPECTIVELY (the "Offer")
FORM OF ACCEPTANCE FROM THE CUSTODIAN TO PARTICIPATE IN THE
OFFER ("Form of Acceptance")
December 2002
In order to be able to participate in the Offer, the Custodian shall collect the
acceptances and instructions that it received from its clients and deliver to
Acciones y Valores de Mexico, S.A. de C.V., Casa de Bolsa ("Accival") this Form
of Acceptance duly completed and shall transfer Tamsa ordinary shares as
follows.
This Form of Acceptance shall be filled, signed and delivered via courier with
acknowledgment of receipt, addressed to Mr. Erubiel Manrique Silva to the
following address:
Paseo de la Reforma 398, primer piso,
Colonia Juarez, 06600,
Mexico, D.F.
The receipt of this Form of Acceptance shall take place beginning November 11,
2002, which corresponds to the first day of the Offer Period, and ending
December 13, 2002, which corresponds to the last day of the Offer Period. The
hours of receipt shall be from 8:30 to 17:00, Mexico City Time, every business
day of the Offer Period, except the last day of the Offer Period, which shall be
from 8:30 to 15:45, Mexico City time.
The Custodian shall proceed to transfer the TAMSA shares to the account number
0307 in S.D. Indeval, S.A. de C.V., Institucion para el Deposito de Valores
("Indeval"), opened on behalf of Accival, no later than 15:45 (Mexico City time)
on December 13, 2002. Shares transferred to such account after such hour will
not be able to participate in the Offer.
The Forms of Acceptance that are not duly completed, that are not received
during the hours of receipt during the Offer Period, or those not accompanied by
the corresponding transfer of TAMSA shares, shall not be processed and
therefore, the TAMSA shares documented by such Forms of Acceptance shall not be
able to participate in the Offer, for which Accival, Tamsa or Tenaris will not
incur liability.
In connection with the Offer, the Custodian, on behalf of its clients who own
TAMSA shares, hereby certifies that it has received instructions from such
clients indicating that they accept the terms and conditions of the Offer set
forth in its Prospectus. Likewise, the Custodian certifies that all of the
investors for which this Form of Acceptance is executed, are the legitimate
owners of the TAMSA shares, according to their internal records as of the date
hereof, and have the legal capacity to dispose of such shares in accordance with
the terms of the Offer.
The Custodian shall receive one TS share for every 0.9452 TAMSA shares
participating in the Offer.
The number of TAMSA shares with which the Custodian accepts to participate in
the Offer on behalf of third parties or in its own behalf, and that have been
transferred to the account number 0307 held by Accival in the Indeval are:
NUMBER OF TAMSA SHARES
Translation for information purposes
The number of TAMSA shares indicated in the box above divided by the exchange
ratio of 0.9452 TAMSA shares for one TS share, as set forth in the Prospectus of
the Offer, equals TENARIS shares (using four decimals, rounding
to the fourth figure).
Accival shall transfer whole TS shares, excluding fractional shares, at the
settlement date (December 16, 2002), to those Custodians who have validly
accepted the Offer on behalf of their clients or for their own position, in the
terms described in the Prospectus of the Offer. The shares shall be transferred
to the following account held by the Custodian in the Indeval:
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ACCOUNT INFORMATION OF THE CUSTODIAN IN THE INDEVAL
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Account Number:
Account Holder:
The cash in lieu of fractional TS shares referred to in the preceding paragraph,
and as mentioned in the Prospectus of the Offer, shall be paid to the Custodian
as soon as possible for Accival to sell in the secondary market a sufficient
number of shares to pay for the fractions generated by all the Custodians
participating in the Offer. This cash amount shall be the result of multiplying
the corresponding fraction by the price at which Accival will sell the TS shares
in the secondary market, minus the transactional costs. The Custodian recognizes
that the sale price of the TS shares in the secondary market might be different
to the exchange price of the TS shares in the Offer. The transfer of the cash in
lieu of fractional TS shares shall be made to the following SIAC Account of the
Custodian:
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[SIAC] ACCOUNT INFORMATION OF THE CUSTODIAN IN WHICH ACCIVAL SHALL
DEPOSIT THE AMOUNT OF THE FRACTION IN PESOS
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Account Number:
Beneficiary:
Institution Number:
The undersigned hereby certifies on behalf of the Institution that the
information relating to its clients or to its own position is true, that
acknowledges and accepts the terms of the Offer and that it has been authorized
by the Custodian to tender and accept the terms of this Form of Acceptance.
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INFORMATION OF THE CUSTODIAN: INFORMATION OF THE PERSON RESPONSIBLE OF THE
INFORMATION CONTAINED IN THIS FORM OF ACCEPTANCE
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Custodian Name:
Name of the responsible person:
Name and title of the person to contact: Title of the responsible person:
Address: Signature of the responsible person:
Phone:
Fax number: Date:
E-mail
The defined terms used in this letter shall have the meaning given in the
Prospectus of the Offer.