Brief: Softline Holding Announces Tender Offer For Up To 10% Share Capital

Noventiq Holdings

14/04/2022 07:07

April 14 (Reuters) - Softline Holding Plc  SFTLq.L :
    * SOFTLINE HOLDING PLC  - PROPOSED TENDER OFFER
    * SOFTLINE HOLDING PLC SAYS SOFTLINE HAS ANNOUNCED A TENDER
OFFER
PRICED AT $1.00 PER SECURITY
    * SOFTLINE HOLDING PLC SAYS THIS IS AN OPPORTUNITY FOR
SOFTLINE
SECURITY HOLDERS TO EXIT THEIR INVESTMENT GIVEN LOW LIQUIDITY
AND TRADING VOLUMES IN SOFTLINE'S GDRS IN CURRENT VOLATILE
MARKET CONDITIONS
    * SOFTLINE HOLDING PLC SAYS TENDER OFFER WILL BE MADE ON AN
EQUAL
BASIS TO ALL SOFTLINE SECURITY HOLDERS
    * SOFTLINE HOLDING PLC SAYS NUMBER OF SECURITIES BEING
BOUGHT BACK
PURSUANT TO TENDER OFFER IS LIMITED TO 10 PER CENT. OF
SOFTLINE'S ISSUED SHARE CAPITAL, OR 18,369,283 SECURITIES


Further company coverage:  SFTLq.L 

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