Brief: Agile Content: Recommended Public Cash Tender Offer To Shareholders Of Edgeware

Agile Content SA

30/10/2020 06:38

Oct 30 (Reuters) - Agile Content SA  AGIL.MC :
    * AGILE CONTENT ANNOUNCES A RECOMMENDED PUBLIC CASH TENDER
OFFER
TO THE SHAREHOLDERS OF EDGEWARE
    * OFFER PRICE IS SEK 9.70 IN CASH FOR EACH OUTSTANDING SHARE
IN
EDGEWARE
    * OFFER REPRESENTS A PREMIUM OF APPROXIMATELY:34.7 PER CENT
COMPARED TO CLOSING PRICE OF SEK 7.20 FOR EDGEWARE SHARE ON 29
OCTOBER 2020
    * TOTAL VALUE OF OFFER OF APPROXIMATELY SEK 291 MILLION
    * BOARD OF DIRECTORS1 OF EDGEWARE UNANIMOUSLY RECOMMENDS
OFFER FOR
ACCEPTANCE BY SHAREHOLDERS.
    * ACCEPTANCE PERIOD FOR OFFER IS EXPECTED TO BEGIN ON OR
ABOUT 2
NOVEMBER 2020 AND EXPIRE ON OR ABOUT 23 NOVEMBER 2020

Source text for Eikon:  ID:nWkr5dx7yy 
Further company coverage:  AGIL.MC 

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