Brief: Dufry says Threshold Of 95% Of Autogrill’s Share Capital For Squeeze-Out Has Been Crossed

Autogrill SpA

01/07/2023 06:36

July 1 (Reuters) - Dufry Ag  DUFN.S :
    * COMBINATION BETWEEN DUFRY AND AUTOGRILL – THRESHOLD OF 95%
OF
AUTOGRILL’S SHARE CAPITAL FOR THE PURPOSES OF THE SQUEEZE-OUT
HAS BEEN CROSSED.
    * DUFRY-CO WILL HOLD 96.3858% OF SHARE CAPITAL OF AUTOGRILL
    * DUFRY-  THEREFORE BE ABLE TO INITIATE SQUEEZE-OUT
PROCEDURE,
WHICH WILL RESULT IN DUFRY HOLDING ALL OF AUTOGRILL'S SHARES,
AND DELISTING AUTOGRILL
    * DUFRY EXPECTS TO ISSUE APPROXIMATELY 410 THOUSAND
ADDITIONAL NEW
SHARES RELATED TO TENDERING DURING SELL-OUT PROCEDURE
    * FIRST DAY OF TRADING FOR ADDITIONAL NEW SHARES IS EXPECTED
TO BE
JULY 7, 2023

Source text for Eikon:  ID:nEQ95F1Qta 
Further company coverage:  DUFN.S 

 (Reporting by Bharat Govind Gautam in Bengaluru)
 ((Reuters.Briefs@thomsonreuters.com;))