Brief: NH Hotels Clarifies And Modifies Communication Made By Mint For Acquisition Of Shares

Minor Hotels Europe & Americas SA

09/05/2023 18:02

May 9 (Reuters) - NH Hotel Group SA  NHH.MC :
    * IN ORDER TO CLARIFY AND MODIFY COMMUNICATION MADE BY MINT
AS
PERTINENT, THE ACQUISITION OF SHARES WITHIN FRAMEWORK OF
PURCHASE PROCESS WILL BE MADE AT MARKET PRICE
    * CONSEQUENTLY, THE REFERENCE TO 4.5 EUROS PER SHARE
INCLUDED IN
THE INITIAL COMMUNICATION BY MINT IS DEEMED TO BE LEFT WITHOUT
EFFECT
    * PURCHASE PROCESS IS NOT INTENDED AND SHOULD NOT BE
CONSIDERED IN
ANY WAY AS A PUBLIC TAKEOVER BID UNDER SPANISH APPLICABLE LAW
    * MINT HAS NO INTENTION OF ACQUIRING ADDITIONAL SHARES OF NH
HOTEL
GROUP ONCE THE AFOREMENTIONED 30-DAY PERIOD HAS ENDED OR
PROMOTING A DELISTING OF THE SHARES OF NH HOTEL GROUP
    * SHOULD MINT DECIDE TO PROMOTE A DELISTING OF SHARES OF NH
HOTEL
GROUP, IT WILL BE REQUIRED TO LAUNCH A DE-LISTING TENDER OFFER
AT A PRICE THAT WILL NEED TO BE NECESSARILY AUTHORIZED BY CNMV

Source text for Eikon:  ID:nCNM503nlS   urn:newsml:reuters.com:*:nL8N3752HA
Further company coverage:  NHH.MC 

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