Brief: Flexdeal To Launch Takeover Bid Over 19% Share Capital Of Raize

Flexdeal SIMFE SA

30/10/2020 17:40

Oct 30 (Reuters) - Flexdeal SIMFE SA  FLEXD.LS :
    * ANNOUNCES PARTIAL AND VOLUNTARY TAKEOVER BID OVER 109.3
MILLION
SHARES (19% OF SHARE CAPITAL) OF RAIZE FOR 0.90 EUROS PER SHARE
    * BID PRICE INCORPORATES A PREMIUM OF 11.11% IN RELATION TO
AVERAGE PRICE OF SHARES OF RAIZE IN EURONEXT ACCESS IN SIX
MONTHS PRIOR TO OCTOBER 30 DATE (0.81 EUROS PER SHARE)

Source text: https://web3.cmvm.pt/sdi/emitentes/docs/FR77367.pdf
Further company coverage:  FLEXD.LS 

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