Brief: Alba To Propose Delisting Of All Of Its Shares

Corporacion Financiera Alba SA

12/12/2024 17:18

Dec 12 (Reuters) - Corporacion Financiera Alba SA
 ALB.MC :
    * APPROVES CALL OF EXTRAORDINARY GENERAL MEETING TO PROPOSE
DELISTING OF ALL OF ITS SHARES
    * TAKEOVER BID TO BE FORMULATED BY ALBA JOINTLY WITH CARLOS
MARCH
DELGADO AND SON DAVIU SLU
    * DELISTING BY MEANS OF TAKEOVER BID FOR ACQUISITION OF ALBA
AT A
PRICE OF 84.20€ PER SHARE TO BE PAID IN CASH
    * TAKEOVER BID FOR ALL SHARES, EXCLUDING THOSE HELD BY
SHAREHOLDERS WHO VOTE IN FAVOUR OF DELISTING AND FREEZE THEIR
SHARES
    * BID TO BE EFFECTIVELY DIRECTED TO UP TO 3.3 MILLION
SHARES,
5.54% OF SHARE CAPITAL
    * DIRECTORS CONSIDERS DELISTING BID TIME IS ADEQUATE GIVEN
FINANCIAL SOUNDNESS OF CO

Source text:  ID:nCNM1HXb39 
Further company coverage:  ALB.MC 

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