Brief: Recticel Says Greiner's Draft Prospectus Does Not Consider 2021 Guidance

Recticel SA

20/05/2021 08:10

May 20 (Reuters) - RECTICEL NV  RECT.BR :
    * REACTS ON FILING OF A DRAFT PROSPECTUS BY GREINER
    * HAVE TAKEN NOTE THAT ON TUESDAY 18 MAY 2021, GREINER AG
HAS
FILED A DRAFT PROSPECTUS WITH FSMA FOR CONDITIONAL VOLUNTARY
TAKEOVER OF 100% OF RECTICEL SA/NV'S ISSUED SHARE CAPITAL FOR
EUR 13.50 PER SHARE IN CASH
    * THIS DRAFT PROSPECTUS HAS BEEN FILED PRIOR TO ANY
DISCUSSIONS
WITH RECTICEL AND AHEAD OF MEETING BETWEEN GREINER AND
REPRESENTATIVES OF OUR BOARD OF DIRECTORS CONFIRMED FOR MONDAY
24 MAY 2021 IN BRUSSELS
    * DRAFT PROSPECTUS DOES NOT CONSIDER OUR REVISED GUIDANCE
FOR
FULL-YEAR 2021 AS PER OUR TRADING UPDATE YESTERDAY MORNING, 19
MAY 2021
    * BOARD OF DIRECTORS INTENDS TO PROVIDE ITS VIEWS ON
ENVISAGED
TRANSACTION FOLLOWING MEETING ON MONDAY

Source text: https://bit.ly/3fvxYJE
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