Brief: Independent Bid Committee Of Readly Recommends Shareholders To Accept Revised Offer

Readly International AB (publ)

27/01/2023 06:39

Jan 27 (Reuters) - Readly International AB (publ)
 READ.ST :
    * STATEMENT FROM THE INDEPENDENT BID COMMITTEE OF READLY
INTERNATIONAL AB IN RELATION TO THE INCREASED PUBLIC CASH OFFER
BY TIDNINGS AB MARIEBERG
    * ON 26 JANUARY 2023, BONNIER NEWS ANNOUNCED AN INCREASE OF
PRICE
IN OFFER TO SEK 14.40 PER SHARE
    * PRICE PER SHARE IN REVISED OFFER REPRESENTS A PREMIUM OF
91.1
PER CENT IN RELATION TO CLOSING PRICE OF SEK 7.535 FOR READLY'S
SHARES ON NASDAQ STOCKHOLM ON 2 DECEMBER 2022
    * SHAREHOLDERS HOLDING A TOTAL OF APPROXIMATELY 31.9 PER
CENT OF
SHARES AND VOTES IN READLY HAVE EXPRESSED THEIR INTENTION TO
ACCEPT REVISED OFFER
    * INDEPENDENT BID COMMITTEE DEEMS REVISED OFFER TO BE FAIR
FROM A
FINANCIAL POINT OF VIEW AND UNANIMOUSLY RECOMMENDS SHAREHOLDERS
OF READLY TO ACCEPT REVISED OFFER

Source text for Eikon:  ID:nWkr3W6HBv 
Further company coverage:  READ.ST 
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