Brief: Georg Fischer Now Holds 97.1% Of Uponor Shares

Georg Fischer AG

22/11/2023 17:08

Nov 22 (Reuters) - GEORG FISCHER AG  GF.S :
    * HAVE ENTERED INTO A COMBINATION AGREEMENT PURSUANT TO
WHICH
OFFEROR HAS MADE A VOLUNTARY RECOMMENDED PUBLIC CASH TENDER
OFFER FOR ALL ISSUED AND OUTSTANDING SHARES IN UPONOR ( "SHARES"
OR, INDIVIDUALLY, A "SHARE") THAT ARE NOT HELD BY UPONOR OR ANY
OF ITS SUBSIDIARIES ( "TENDER OFFER") AT A PRICE OF EUR 28.50
PER SHARE (AS ADJUSTED AS A RESULT OF UPONOR'S DIVIDEND PAYMENT
AS OF SEPTEMBER 12, 2023) FOR EACH SHARE VALIDLY TENDERED IN
TENDER OFFER ( "OFFER PRICE")
    * ACCORDING TO PRELIMINARY RESULT OF SUBSEQUENT OFFER
PERIOD,
2,428,192 SHARES WERE TENDERED DURING SUBSEQUENT OFFER PERIOD
REPRESENTING APPROXIMATELY 3.3 PERCENT OF ALL SHARES AND VOTING
RIGHTS CARRIED BY SHARES
    * SHARES TENDERED DURING SUBSEQUENT OFFER PERIOD, TOGETHER
WITH
SHARES TENDERED DURING INITIAL OFFER PERIOD AS WELL AS TOGETHER
WITH SHARES OTHERWISE ACQUIRED BY OFFEROR, REPRESENT
APPROXIMATELY 97.1 PERCENT OF ALL SHARES AND VOTING RIGHTS
CARRIED BY SHARES
    * OFFEROR WILL CONFIRM AND ANNOUNCE FINAL RESULT OF
SUBSEQUENT
OFFER PERIOD ON OR ABOUT NOVEMBER 27, 2023
    * OFFER PRICE WILL BE PAID TO EACH SHAREHOLDER WHO HAS
VALIDLY
ACCEPTED TENDER OFFER DURING SUBSEQUENT OFFER PERIOD IN
ACCORDANCE WITH TERMS AND CONDITIONS OF TENDER OFFER
    * OFFEROR MAY ACQUIRE SHARES ON OR AFTER DATE OF THIS
RELEASE IN
PUBLIC TRADING ON NASDAQ HELSINKI OR OTHERWISE
    * OFFEROR WILL DEMAND THAT REDEMPTION PRICE FOR REMAINING
SHARES
IS SET TO EUR 28.50 PER SHARE

Source text for Eikon:  ID:nWkr2kqHdd 
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