Brief: Bid On Cellularline Ineffective As Esprinet Fails To Reach Offer Threshold

Cellularline SpA

14/10/2022 17:42

Oct 14 (Reuters) - Esprinet SpA  PRT.MI  on behalf of 4
SIDE Srl:
    * VOLUNTARY PUBLIC TENDER OFFER ON ALL CELLULARLINE SHARES:
NON-FULFILMENT OF THE THRESHOLD CONDITION AND INEFFECTIVENESS OF
THE OFFER
    * PROVISIONALLY TENDERED ABOUT 11.48% OF SHARE CAPITAL IN
BID FOR
CELLULARLINE
    * AS OF NOW OFFER IS TO BE CONSIDERED INEFFECTIVE

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