Brief: Lamda Development SA To Sell Part Of Own Shares To The Company Under The Commercial Name “Aegean Airlines S.A.”

Lamda Development SA

07/10/2019 15:31

Oct 7 (Reuters) - Lamda Development SA  LMDr.AT :
    * BOARD OF DIRECTORS RESOLUTES IN FAVOR OF THE SALE OF PART
OF OWN
SHARES, WHICH THE COMPANY HOLDS, TO THE COMPANY UNDER THE
COMMERCIAL NAME “AEGEAN AIRLINES S.A.”
    * TO SELL 1.319.840 OWN SHARES REPRESENTING APPROXIMATELY
1.66% OF
THE TOTAL SHARES AND VOTING RIGHTS OF THE COMPANY
    * SALE OF SHARES WILL BE FOR THE PRICE OF EUR 7 PER SHARE
    * IN CASE THAT ON THE DATE OF COMPLETION OF THE TRANSACTION
THE
CLOSING PRICE OF COMPANY SHARES IS LOWER THAN EUR 7 PER SHARE,
FOR A PRICE EQUAL TO THE CLOSING PRICE OF THE DATE OF
TRANSACTION AND FOR THE MINIMUM PRICE OF EUR 6.5 PER SHARE

Source text : https://bit.ly/2VjwbN2
Further company coverage:  LMDr.AT 

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