Brief: Kernel Holding Plans To Buy Back Up to 3.8 Mln Shares

Kernel Holding SA

19/01/2022 06:52

Jan 19 (Reuters) - Kernel Holding SA  KER.UAX :
    * ANNOUNCEMENT OF AN INVITATION TO TENDER FOR SALE SHARES IN
KERNEL HOLDING S.A.
    * SAYS COMPANY'S BOARD OF DIRECTORS IS AUTHORISED TO
REPURCHASE UP
TO 3,780,000 SHARES
    * SAYS PROPOSED PRICE FOR EACH SHARE WILL BE NOT LESS THAN
PLN 50
AND NOT MORE THAN PLN 60 PER SHARE
    * SAYS OPENING DATE FOR TENDERS IS 21ST OF JANUARY 2022 AND
CLOSING DATE IS 27TH OF JANUARY 2022
    * SAYS MAXIMUM TOTAL CONSIDERATION ALLOCATED BY BUYER FOR
PURPOSES
OF THIS PARTICULAR INVITATION SHALL NOT EXCEED PLN 189,000,000

Source text for Eikon:  ID:nEM684BH9a 
Further company coverage:  KER.UAX 

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