July 17 (Reuters) - Lar Espana LRES.MC :
* SAID ON TUESDAY THE BOARD OF DIRECTORS HAD APPROVED TO
ESTABLISH
AN OFFER MONITORING COMMITTEE TO APPROVE DECISIONS AND CARRY OUT
WHATEVER ACTIONS MAY CORRESPOND IN RELATION TO A TENDER OFFER BY
HELIOS RE
* MONITORING COMMITTEE TO BE FORMED BY THE INDEPENDENT BOARD
MEMBERS AS THE OFFEROR IS PARTLY OWNED BY A SIGNIFICANT
SHAREHOLDER OF THE COMPANY WITH BOARD REPRESENTATION THROUGH A
PROPRIETARY DIRECTOR
* JOSE LUIS DEL VALLE DOBLADO WILL CHAIR THE COMMITTEE
Source text: https://tinyurl.com/y37mb37n
Further company coverage: LRES.MC
(Gdansk Newsroom)
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