Brief: Ework Group AB Says Independent Members Of Its Board Of Directors Unanimously Recommended Shareholders Not To Accept The Cash Offer Made By Investment AB Arawak

eWork AB

21/09/2020 16:13

Sept 21 (Reuters) - Ework Group AB  EWRK.ST :
    * SAYS INDEPENDENT MEMBERS OF ITS BOARD OF DIRECTORS
UNANIMOUSLY
RECOMMENDED SHAREHOLDERS NOT TO ACCEPT THE CASH OFFER MADE BY
INVESTMENT AB ARAWAK
    * SAYS CHAIRMAN OF BOARD OF DIRECTORS STAFFAN SALÉN AND
BOARD
MEMBER ERIK ÅFORS HAVE NOT PARTICIPATED IN BOARD OF DIRECTORS'
DECISION.
    * SAYS ACCEPTANCE PERIOD REGARDING ARAWAK OFFER IS EXPECTED
TO
COMMENCE AROUND 24 SEPTEMBER 2020 AND EXPIRE AROUND 4 NOVEMBER
2020.

Source text for Eikon:  ID:nWkr14v2Wz 
Further company coverage:  EWRK.ST 

 (Reporting by Colm Fulton)
 ((Colm.Fulton@thomsonreuters.com;))