Brief: Nelly Says Rite Ventures Has Passed Threshold For Mandatory Offer

Nelly AB (publ)

29/04/2024 07:33

April 29 (Reuters) - Nelly Group AB  NELLY.ST :
    * SAID ON FRIDAY NOTES THAT MAIN OWNER RITE INTERNET
VENTURES
HOLDING THROUGH SUBSIDIARY HAS ANNOUNCED THAT IT HAS ACQUIRED
SHARES IN NELLY
    * RITE VENTURES THEREAFTER OWNS TOTAL OF 9,179,571 SHARES IN
NELLY, CORRESPONDING TO 30.11% OF SHARES, VOTES
    * RITE VENTURES WILL WITHIN FOUR WEEKS EITHER MAKE MANDATORY
OFFER
FOR REMAINING SHARES IN NELLY OR DIVEST SHARES TO SUCH EXTENT
THAT CO'S SHAREHOLDING THEREAFTER FALLS BELOW 30% OF VOTES IN
NELLY AGAIN

        
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