Brief: Ercros Says Its Board Had No Prior Knowledge Of Offer Submitted By Bondalti Iberica
07/03/2024 11:00
March 7 (Reuters) - Ercros SA ECR.MC :
* SUBMITS INFORMATION ON THE VOLUNTARY TAKEOVER BID MADE BY
BONDALTI
* IT IS NOTED THAT BOARD OF DIRECTORS OF ERCROS HAD NO PRIOR
KNOWLEDGE OF OFFER SUBMITTED BY BONDALTI, AND THEREFORE, IT IS
UNSOLICITED AND PREVIOUSLY UNAGREED OFFER WITH COMPANY
* BOARD AND MANAGEMENT TEAM OF ERCROS WILL CONTINUE TO
DILIGENTLY
MANAGE CO'S BUSINESS IN ORDINARY COURSE OF ITS ACTIVITIES,
SAFEGUARDING SOCIAL INTEREST
* ADDITIONALLY, BOARD IS IN PROCESS OF APPOINTING FINANCIAL
ADVISOR AND LEGAL ADVISOR TO ASSIST DURING OFFER PROCESS IN
FULFILLING THEIR DUTIES AND SAFEGUARDING INTERESTS OF CO'S
SHAREHOLDERS
* BOARD OF DIRECTORS, WITH ASSISTANCE OF ITS FINANCIAL AND
LEGAL
ADVISERS, WILL DECIDE ON OFFER IN DUE COURSE
Source text for Eikon: ID:nCNM1RhCqd
Further company coverage: ECR.MC
(Gdansk Newsroom)
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