Brief: Water Street Capital Comments On Latest Update From REC Silicon Board

Rec Silicon ASA

08/07/2025 07:10

July 8 (Reuters) - WATER STREET CAPITAL, INC.:

COMMENTS ON LATEST UPDATE FROM REC SILICON BOARD OF DIRECTORS

SAYS REC SILICON BOARD VIEW ON HANWHA OFFER IS IN LINE WITH WATER STREET'S OPINION THAT OFFER UNDERVALUES REC SILICON

SAYS NEW BOARD OF REC SILICON IS NOT GIVEN OPPORTUNITY TO MAXIMIZE SHAREHOLDER VALUE

REMAINS CONFIDENT THAT PROPER VALUE OF REC SILICON'S POLYSILICON, SILANE GAS BUSINESSES WILL BE ASCRIBED

Source text: ID:nPren4Xfra

Further company coverage: RECSI.OL

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