Brief: THL Says Launches Sale Of Approximately 177 Mln Shares Of Autostore Holdings Ltd.

AutoStore Holdings

15/02/2024 19:50

Feb 15 (Reuters) - AutoStore Holdings Ltd  AUTO.OL :
    * THL LAUNCHES SALE OF APPROXIMATELY 177 MILLION SHARES OF
AUTOSTORE HOLDINGS LTD.
    * THL- OFFERING WOULD REPRESENT SELLDOWN OF APPROXIMATELY
16% OF
THL'S STAKE IN AUTOSTORE
    * THL- A PROMINENT NORWEGIAN INVESTOR, HAS IRREVOCABLY
AGREED TO
PARTICIPATE IN OFFERING WITH AN ORDER OF 60 MILLION SHARES.
    * THL - EXPECTS TO HOLD APPROXIMATELY 953 MILLION AUTOSTORE
SHARES, EQUIVALENT TO 28% OF COMPANY'S ISSUED AND OUTSTANDING
SHARE CAPITAL

Source text for Eikon:  ID:nObis55Xna 
Further company coverage:  AUTO.OL 

 ((Reuters.Briefs@thomsonreuters.com;))