Brief: Jefferies Says Private Placement Of Existing Shares In PVA TePla Completed

Pva Tepla AG

03/03/2023 07:24

JEFFERIES:
    * PRIVATE PLACEMENT OF EXISTING SHARES IN PVA TEPLA TO
INSTITUTIONAL INVESTORS COMPLETED
    * PA BETEILIGUNGSGESELLSCHAFT, CORE SHAREHOLDER OF PVA TEPLA
SOLD
IN TOTAL 2,960,000 SHARES IN PVA TEPLA IN PRIVATE PLACEMENT TO
INSTITUTIONAL INVESTORS
    * SHARES HAVE BEEN PLACED AT PRICE OF EUR 22.00 PER SHARE
    * TRANSACTION WILL INCREASE PVA TEPLA'S FREE FLOAT AND
LIQUIDITY
OF ITS SHARES IN THE MARKET AS WELL AS DIVERSIFY THE ASSETS OF
PETER ABEL AND HIS FAMILY


        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEQ9CK0Tha
 Further company coverage:  TPEG.DE