Brief: NNS Submits Draft Offer Memorandum To Buy OCI
BRIEF-NNS Submits Draft Offer Memorandum To Buy OCI June 29 (Reuters) - NNS Holding:
HAS SUBMITTED A DRAFT OFFER MEMORANDUM TO AFM IN CONNECTION WITH ITS INTENTION TO LAUNCH A VOLUNTARY ALL-CASH PUBLIC OFFER FOR OCI
HAS SUFFICIENT FUNDS READILY AVAILABLE TO FINANCE OFFER THROUGH AVAILABLE CASH RESOURCES
HAS ENTERED INTO IRREVOCABLE NON-TENDER UNDERTAKINGS WITH CERTAIN MEMBERS OF SAWIRIS FAMILY WHO HOLD SHARES IN OCI
COMMITTED TO PROCEEDING WITH OFFER AT EARLIEST POSSIBLE DATE
OFFER IS NOT SUBJECT TO A MINIMUM ACCEPTANCE THRESHOLD
OFFER PRICE REMAINS €4.10
Source text: ID:nNDL9s6SbM
Further company coverage: OCI.AS
(Gdansk Newsroom)
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