Possible Changes In Shareholder Base And Group Structure

Libero football finance AG

02/12/2021 12:44

Dec 2 (Reuters) - TUFF GROUP AG  TUFG.F :
    * POSSIBLE CHANGES IN THE SHAREHOLDER BASE AND GROUP
STRUCTURE
    * HAS BECOME AWARE THAT CORE SHAREHOLDERS OF COMPANY, NAMELY
MR.
GANESH PAULRAJ AND MR. NATARAJAN PAULRAJ, WHO TOGETHER HOLD
APPROXIMATELY 95% OF SHARES OF COMPANY, ARE CURRENTLY IN
CONCRETE DISCUSSIONS WITH AN INVESTOR WITH REGARDS TO OFF-MARKET
SALE OF SHARES HELD BY THEM
    * NEGOTIATIONS WITH INVESTOR ARE ALMOST COMPLETE AND IT IS
BELIEVED THAT IT IS LIKELY THAT A SIGNING OF SALE AND PURCHASE
AGREEMENTS WILL TAKE PLACE SHORTLY
    * ANNOUNCES THAT IT IS SERIOUSLY CONSIDERING DISPOSING OF
SHARES
IN ITS SOLE SUBSIDIARY, TUFF OFFSHORE ENGINEERING SERVICES PTE.
LTD., SINGAPORE, TO OUTGOING MAJOR SHAREHOLDER, MR. GANESH
PAULRAJ

Source text for Eikon:  ID:nEQ2Gr2Z4a 
Further company coverage:  TUFG.F 

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