Brief: PCC Rokita Signs LoI With PCC SE For Potential Control Of PCC MCAA
BRIEF-PCC Rokita Signs LoI With PCC SE For Potential Control Of PCC MCAA June 16 (Reuters) - PCC Rokita SA PCR.WA:
SIGNS LETTER OF INTENT WITH PCC SE REGARDING TRANSITION OF MAJORITY OF PCC MCAA SHARES AND 100% OF MCAA SE SHARES TO PCC ROKITA
ESTIMATED VALUE OF THE IN-KIND CONTRIBUTION SET AT 289.32 MLN ZLOTYS BASED ON INDEPENDENT VALUATION
PLANS TO ISSUE 4,251,619 NEW SHARES IN EXCHANGE FOR THE CONTRIBUTION BASED ON SIX-MONTH VOLUME WEIGHTED AVERAGE SHARE PRICE OF 68.05 ZLOTYS
LETTER OF INTENT IS NOT A BINDING COMMITMENT TO CARRY OUT TRANSACTION
Source text: nEM28hRYDa
Further company coverage: PCR.WA
(Gdansk Newsroom)
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