Brief: Edison Reports Provisional Results Of Reopening Of Tender Offer On Frendy Energy

Frendy Energy SpA

04/01/2018 06:30

Jan 4 (Reuters) - EDISON SPA  EDNn.MI : 
    * REPORTED ON WEDNESDAY THE PROVISIONAL RESULTS OF THE 
REOPENING 
OF THE TENDER OFFER ON FRENDY ENERGY  FDE.MI   
    * REPORTS 901,324 SHARES TENDERED DURING THE REOPENING 
    * THE TOTAL AMOUNT OF SHARES TENDERED IS 13.5 MILLION, 22.7 
PCT OF 
FRENDY ENERGY'S SHARE CAPITAL 
    * TO OWN 72.8 PCT OF FRENDY ENERGY FOLLOWING THE TENDER 
OFFER 
    * HAVING NOT REACHED THE 90 PCT THRESHOLD, EDISON CANNOT 
PROCEED 
WITH THE OBLIGATION TO PURCHASE THE REMAINING SHARE CAPITAL OF 
FRENDY ENERGY 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA1H8jVz 
     
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