Brief: Linedata Plans Public Buyback Offer At EUR 50/Shr

Linedata Services SA

25/10/2022 15:49

Oct 25 (Reuters) - LINEDATA SERVICES SA  LDSV.PA :
    * ANNOUNCES A PLANNED PUBLIC BUYBACK BID FOR ITS OWN SHARES
    * DRAFT PUBLIC SHARE BUYBACK OFFER (OPRA) OF 55 MILLION
EUROS
RELATING TO 17.2% OF THE CAPITAL
    * PRICE OF 50 EUROS PER SHARE, I.E. A PREMIUM OF 45.3% ON
THE
CLOSING PRICE ON OCTOBER 24, 2022
    * ACCRETIVE EFFECT OF APPROXIMATELY 17% ESTIMATED ON EPS
    * BOARD OF DIRECTORS WILL MEET AGAIN IN EARLY NOVEMBER 2022
TO
ISSUE ITS OPINION ON THE OPRA PROJECT

Source text for Eikon:  ID:nEQ3Vj59sa 
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