Brief: Orapi Says The Paredes Group Offers To Acquire 34.8% Of Its Capital

Orapi SA

27/06/2023 16:42

June 27 (Reuters) - Orapi SA  ORPF.PA :
    * ORAPI SA OFFER FOR THE PAREDES GROUP TO ACQUIRE A STAKE
REPRESENTING AROUND 34.8% OF ORAPI'S CAPITAL AND 50.7% OF VOTING
RIGHTS
    * ORAPI SA OFFER BY THE PAREDES GROUP TO ACQUIRE A STAKE AND
FORMATION OF A JOINT COMMITTEE
    * COMPLETION OF THE ACQUISITION OF THE BLOCK IS PLANNED FOR
THE
END OF THE THIRD QUARTER OF 2023
    * ORAPI SA PRICE PER SHARE AND ORA 2 OF € 5.88
    * SPECIFIES  THAT THIS ACQUISITION  IF COMPLETED  WOULD BE
FOLLOWED BY FILING OF PUBLIC PURCHASE OFFER FOR ALL THE
SECURITIES GIVING ACCESS TO COMPANY'S CAPITAL OR VOTING RIGHTS
    * THE COMPANY'S SUPERVISORY BOARD TODAY SET UP AN AD HOC
COMMITTEE
RESPONSIBLE FOR PROPOSING THE APPOINTMENT OF AN INDEPENDENT
EXPERT

Source text for Eikon:  ID:nGNEb1CYWD 
Further company coverage:  ORPF.PA 

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