Brief: Magle Recommends Cash Offer Totaling SEK 10.9 Mln To Shareholders Of Amniotics

Magle Chemoswed Holding AB

22/03/2024 07:19

March 22 (Reuters) - Magle Chemoswed Holding AB
 MAGLE.ST :
    * ANNOUNCES A RECOMMENDED CASH OFFER OF SEK 0.004 PER SHARE
TO THE
SHAREHOLDERS OF AMNIOTICS AB
    * TOTAL VALUE OF OFFER, BASED ON ALL OUTSTANDING
2,733,052,159
SHARES IN AMNIOTICS, AMOUNTS TO APPROXIMATELY SEK 10.9 MILLION
    * SHAREHOLDERS OF AMNIOTICS ARE OFFERED SEK 0.004 IN CASH
PER
SHARE IN AMNIOTICS
    * BOARD OF DIRECTORS IN AMNIOTICS HAS RECOMMENDED AMNIOTICS'
SHAREHOLDERS TO ACCEPT OFFER
    * PRICE REPRESENTS PREMIUM OF ABOUT 25.0% VERSUS CLOSING
SHARE
PRICE ON NASDAQ FIRST NORTH GROWTH MARKET ON 21 MARCH 2024

Source text for Eikon:  ID:nMFN8TMgmK 
Further company coverage:  MAGLE.ST 

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