Brief: Candle Lake Passes Mandatory Offer Threshold In Evolution
27/07/2026 06:42
BRIEF-Candle Lake Passes Mandatory Offer Threshold In Evolution July 27 (Reuters) - Candle Lake Ltd:
SAID ON FRIDAY ACQUIRED 2.05 MILLION SHARES IN EVOLUTION AB
ITS TOTAL HOLDING IN EVOLUTION, TOGETHER WITH ITS AFFILIATES' HOLDINGS, AMOUNTS TO 59,798,619 SHARES OR 30.02% OF ALL SHARES
IS REQUIRED TO LAUNCH MANDATORY TAKEOVER OFFER FOR REMAINING SHARES IN EVOLUTION WITHIN FOUR WEEKS FROM ACQUISITION OR TO SELL SUCH NUMBER OF SHARES THAT ITS SHAREHOLDING REPRESENTS LESS THAN 30% OF VOTING RIGHTS FOR ALL SHARES IN EVOLUTION
Source text: ID:nWkrb3Yl28
(Gdansk Newsroom)
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