Brief: Buyout Consortium To Acquire 90% Of Emplicure, Plans Squeeze-Out

Emplicure AB (publ)

23/10/2023 09:47

Oct 23 (Reuters) - Emplicure AB (publ)  EMPLI.ST :
    * SAID ON FRIDAY BUYOUT CONSORTIUM HAS AGREED TO ACQUIRE
OVER 90%
OF THE SHARES IN EMPLICURE, INTENDS TO INITIATE SQUEEZE-OUT
PROCEEDINGS
    * SHAREHOLDERS INCLUDING BOD MEMBER JOHAN WIESLANDER, CEO
HÅKAN
ENGQVIST, AND CO-FOUNDER THOMAS LUNDQVIST ARE FORMING BUYOUT
CONSORTIUM BY TRANSFERRING THEIR CO SHARES TO GOLDCUP 33922 AB
    * UPON RECEIVING REQUEST FROM HOLDING COMPANY, EMPLICURE'S
BOARD
WILL PROCESS AND DECIDE ON IT AS PER LAW
    * BOD WILL PROVIDE FURTHER INFORMATION TO MARKET WHEN SUCH
BECOMES
AVAILABLE
    * JOHAN WIESLANDER AND HÅKAN ENGQVIST'S SHARE TRANSFER TO
THE
HOLDING COMPANY ENTAILS STANDARD PDMR REPORTING TO THE SWEDISH
FINANCIAL AUTHORITY AT SEK 0.41 PER SHARE, EQUAL TO CONSORTIUM
MEMBERS' PRICE IN HOLDING COMPANY

        
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 Further company coverage:  EMPLI.ST  

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