Brief: Inission Obligated To Make Mandatory Public Tender Offer For Remaining Shares In Enedo

Inission AB

01/07/2022 15:40

July 1 (Reuters) - Enedo Oyj  ENEDO.HE :
    * REG-INISSION AB’S OWNERSHIP IN ENEDO PLC HAS INCREASED TO
80.43
PER CENT AND INISSION AB HAS BECOME OBLIGATED TO MAKE A
MANDATORY PUBLIC TENDER OFFER FOR THE REMAINING SHARES IN ENEDO
PLC
    * PRICE TO BE OFFERED FOR EACH ENEDO SHARE IN OFFER IS
CONTEMPLATED TO BE EUR 0.26
    * WILL PAY OFFER PRICE TO ENEDO SHAREHOLDERS IN CASH OR, AT
SOLE
DISCRETION OF AN ENEDO SHAREHOLDER, IN NEW CLASS B SHARES IN
INISSION
    * INISSION WILL PAY OFFER PRICE TO ENEDO SHAREHOLDERS IN
CASH OR,
AT SOLE DISCRETION OF AN ENEDO SHAREHOLDER, IN NEW CLASS B
SHARES IN INISSION

Source text for Eikon:  ID:nGNEZ2dF9 
Further company coverage:  ENEDO.HE 

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