Brief: Osirium Technologies Says Recommended Cash Acquisition Of Co By Sailpoint Technologies UK

Osirium Technologies

30/08/2023 12:37

Aug 30 (Reuters) - Osirium Technologies PLC  OSIO.L :
    * ACQUISITION OF OSIRIUM TECHNOLOGIES
    * RECOMMENDED CASH ACQUISITION OF OSIRIUM TECHNOLOGIES PLC
BY
SAILPOINT TECHNOLOGIES UK LTD
    * UNDER TERMS OF DEAL, EACH OSIRIUM SHAREHOLDER WILL BE
ENTITLED
TO RECEIVE: FOR EACH OSIRIUM SHARE: 2.35 PENCE IN CASH
    * DEAL IMPLIES AN ENTERPRISE VALUE OF APPROXIMATELY £6.56
MILLION
    * OSIRIUM DIRECTORS INTEND TO RECOMMEND UNANIMOUSLY THAT
SHAREHOLDERS VOTE IN FAVOUR

Source text for Eikon:  ID:nRSd8339Ka 
Further company coverage:  OSIO.L 

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