Brief: Orizzonti Holding Relaunches Public Offer On Fullsix, Softec Shares

Beewize SpA

30/07/2018 08:38

July 30  (Reuters) - FULLSIX SpA  FUL.MI , Softec SpA
 YSFT.MI :
    * SAID ON FRIDAY THAT CONSOB APPROVED PROSPECTUS OF THE 
OBLIGATORY TOTAL EXCHANGE PUBLIC OFFER WITH ALTERNATIVE IN CASH
BY ORIZZONTI HOLDING FOR SHARES OF FULLSIX AND SOFTEC 
    * OFFER REGARDS 50.1 PCT OF FULLSIX'S VOTING RIGHTS AND
49.57 PCT
STAKE IN SOFTEC 
    * OFFER PROVIDES EXCHANGE RATIO OF 0.14028014 MYAV SPA SHARE
FOR
EVERY FULLSIX SHARE TO BE APPLIED IN SUCH A WAY AS TO RESPECT
THE MINIMUM TRANSFERABLE LOT OF MYAV S.P.A. (EQUAL TO 100
SHARES)
    * AS ALTERNATIVE TO THE EXCHANGE WITH MYAV SHARES A CASH
CONSIDERATION OF EUR 1.051 PER SHARE WILL BE OFFERED FOR FULLSIX
    * OFFER PROVIDES EXCHANGE RATIO OF 0.40041905 MYAV SPA SHARE
FOR
EVERY SOFTEC SHARE TO BE APPLIED IN SUCH A WAY AS TO RESPECT THE
MINIMUM TRANSFERABLE LOT OF MYAV S.P.A. (EQUAL TO 100 SHARES)
    * AS ALTERNATIVE TO EXCHANGE WITH MYAV SHARES A CASH
CONSIDERATION
OF EUR 3.0 PER SHARE WILL BE OFFERED FOR SOFTEC 
    * OFFERS EXPIRE ON SEPT. 10

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIAb2R4jc,  urn:newsml:reuters.com:*:nBIA4cK43z,
 urn:newsml:reuters.com:*:nBIA7w0Qgk,  urn:newsml:reuters.com:*:nBIAvC1mK
    
 Further company coverage:  FUL.MI ,  YSFT.MI 
   


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