Brief: MCH Group Says FINMA Rejects Complaint By Co Against Decision Of TOB

MCH AG

16/10/2020 17:32

Oct 16 (Reuters) - MCH GROUP AG  MCHN.S :
    * FINMA REJECTS A COMPLAINT BY MCH GROUP AG AGAINST THE
DECISION
OF THE TOB
    * WITH THIS, FINMA SUPPORTS DECISION OF TOB THAT OPTING-UP
CLAUSE
FOR LUPA SYSTEMS RESOLVED BY EGM ON AUGUST 3, 2020 IS INVALID
FROM TAKEOVER POINT OF VIEW BECAUSE ABSTENTIONS MUST BE COUNTED
AS NO VOTES
    * BASED ON THIS DECISION, LUPA SYSTEMS LLC WOULD HAVE TO
SUBMIT A
MANDATORY PUBLIC OFFER IF IT WERE TO ACQUIRE A STAKE OF MORE
THAN 33.3% IN MCH GROUP AG AS PART OF THE PLANNED CAPITAL
INCREASES

Source text for Eikon:  ID:nGNE8HpTJX 
Further company coverage:  MCHN.S 

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