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ASAo — Atlantic Sapphire ASA News Story

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Brief: Coral HoldCo Launches Mandatory Tender Offer For Atlantic Sapphire

BRIEF-Coral HoldCo Launches Mandatory Tender Offer For Atlantic Sapphire

- Atlantic Sapphire ASA ASA.OL:

  • SAID ON THURSDAY AFTER TRANSFER OF SHARES IN ATLANTIC SAPPHIRE TO CORAL HOLDCO AS (THE "OFFEROR"), THE OFFEROR
    BECOMES THE OWNER OF 22.3 MLN SHARES, EQUALING ABOUT 62.20% OF THE SHARES AND VOTES IN THE COMPANY

  • THE OFFEROR MAKES AN UNCONDITIONAL MANDATORY OFFER FOR ALL THE REMAINING 13,552,809 ISSUED AND OUTSTANDING SHARES IN THE COMPANY

  • OFFER PRICE NOK 0.80 PER SHARE

  • ACCEPTANCE PERIOD COMMENCES ON JULY 31 AND EXPIRES ON AUG 28, UNLESS EXTENDED


Source text
Further company coverage: ASA.OL


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