Brief: Ratos Announces Recommended Cash Offer To Shareholders Of Semcon AB

Ratos AB

26/09/2022 06:17

Sept 26 (Reuters) - Ratos AB  RATOb.ST :
    * RATOS AB ANNOUNCES A RECOMMENDED CASH OFFER AT A PRICE OF
SEK
157 PER SHARE TO THE SHAREHOLDERS OF SEMCON AB
    * OFFER EXCEEDS OFFER OF SEK 149 PER SHARE THAT WAS
ANNOUNCED BY
ETTEPLAN OYJ ("ETTEPLAN") ON 23 AUGUST 2022 BY SEK 8 PER SHARE
    * RATOS OFFERS SEK 157 IN CASH PER SHARE IN SEMCON
    * TOTAL VALUE  OF OFFER OF APPROXIMATELY SEK 2,769 MILLION
    * OFFER REPRESENTS A PREMIUM OFAPPROXIMATELY: 5.4 PER CENT
COMPARED TO OFFER OF SEK 149 PER SHARE WHICH WAS ANNOUNCED BY
ETTEPLAN ON 23 AUGUST 2022
    * BOARD OF DIRECTORS OF SEMCON HAS UNANIMOUSLY DECIDED TO
RECOMMEND SHAREHOLDERS OF SEMCON TO ACCEPT OFFER
    * ACCEPTANCE PERIOD 27 SEPTEMBER 2022 - 27 OCTOBER 2022

Source text for Eikon:  ID:nWkrbyRpFv 
Further company coverage:  RATOb.ST 
 (Gdansk Newsroom)
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