Brief: Dom Security Lauches Simplified Takeover Bid For Its Own Shares

Groupe SFPI SA

21/06/2018 07:37

June 21 (Reuters) - DOM SECURITY SA  DOMS.PA :
    * DOM SECURITY ANNOUNCED ON WEDNESDAY SIMPLIFIED TAKEOVER
BID ON
ITS OWN SHARES CARRIED OUT WITHIN SCOPE OF ITS BUYBACK PROGRAM
    * THIS OPERATION IS PART OF REORGANIZATION PROJECT OF SFPI
GROUP
WHICH WILL LEAD TO ABSORPTION OF DOM SECURITY BY SFPI 
    * OFFER TO ALLOW SHAREHOLDERS OF DOM SECURITY BENEFIT FROM
PARTIAL
BUT IMMEDIATE LIQUIDITY ON CO'S SHARES AT PRICE OFFERING PREMIUM
OVER MARKET PRICE
    * BID WILL BE DENOMINATED AT PRICE OF EUR 75 PER SHARE AND
WILL
COVER MAX NUMBER OF 240,000 DOM SECURITY SHARES (10% OF CURRENT
CAPITAL)
    * NET CASH OF DOM SECURITY WILL ALLOW TO FINANCE PURCHASE
OFFER,
WHOSE TOTAL VALUE CAN REACH MAX AMOUNT OF EUR 18 MLN
 

Source text: https://bit.ly/2JUTGtu
    
Further company coverage:  SFPI.PA  
   


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