Brief: A2A: Provisional Results Of Takeover Bid on ACSM AGAM Shares Further To Reopening Period

Acinque SpA

24/09/2018 07:46

Sept 24  (Reuters) - A2A SpA  A2.MI :
    * SAID ON FRIDAY THAT REOPENING PERIOD, STARTED ON SEPT. 17,
RELATED TO MANDATORY TAKEOVER BID LAUNCHED BY A2A AND LARIO RETI
HOLDING (TENDERERS) OVER 26,264,874 ORDINARY SHARES OF ACSM AGAM
SPA  ACAG.MI  HAS EXPIRED
    * UNDER PROVISIONAL RESULTS 2,537,851 SHARES OF ACSM AGAM
HAVE
BEEN CONTRIBUTED IN THE TAKEOVER BID DURING THE REOPENING
PERIOD, CORRESPONDING TO AROUND 9.66 PCT OF THE SHARES SUBJECT
OF THE TAKEOVER BID AND TO AROUND 1.28 PCT OF ACSM AGAM'S SHARE
CAPITAL
    * SAID CONSIDERATION DUE TO THE HOLDERS OF SHARES
CONTRIBUTED IN
THE TAKEOVER BID DURING THE REOPENING PERIOD EQUAL TO EUR 2.47
FOR EACH SHARE, WILL BE PAID TO THE SHAREHOLDERS ADHERING TO THE
TAKEOVER BID ON SEPT. 28 
    * AFTER ANNOUNCEMENT OF THE FINAL RESULTS OF TAKEOVER
BID,THE
TENDERERS WILL HOLD 187,838,612 ORDINARY SHARES OF ACSM AGAM
(95.18 PCT OF SHARE CAPITAL) AND INTEND TO PURCHASE REMAINING
SHARES 
    * THE TENDERERS HAVE THE OBLIGATION TO PURCHASE THE
REMAINING
ORDINARY SHARES OF THE ISSUER WHICH HAVE NOT BEEN CONTRIBUTED IN
THE TAKEOVER BID, WHICH RELATES TO 9,505,182 ORDINARY SHARES OF
THE ISSUER (AROUND 4.82% OF SHARE CAPITAL), TO BE PURCHASED AT
EUR 2.47 FOR EACH SHARE
    * AT THE END OF THE PROCEDURE FOR THE PURCHASE OF THE
REMAINING
SHARES THE TENDERERS WILL PROCEED TO RESTORE SUFFICIENT FREE
FLOAT 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA7wvTcp
    
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