Brief: Relatech Says Gemini Entered Into Sale & Purchase Agreement For Purchase Of Stake, Representing About 53.24% Of Share Capital Of Co

Relatech SPA

20/06/2024 02:36

June 19 (Reuters) - Relatech SpA  RLT.MI :
    * PASQUALE LAMBARDI - THROUGH GAXDER S.R.L. - WILL REINVEST
IN
SPECIAL PURPOSE VEHICLE THAT INDIRECTLY CONTROLS GEMINI BIDCO
    * GEMINI ENTERED INTO  SALE & PURCHASE AGREEMENT FOR
PURCHASE OF
STAKE, REPRESENTING ABOUT 53.24% OF SHARE CAPITAL OF CO
    * GEMINI BIDCO WILL PROMOTE A MANDATORY TENDER OFFER ON
REMAINING
OUTSTANDING SHARES OF RELATECH AIMED AT DELISTING
    * AS A RESULT OF CLOSING PURCHASER WILL BE REQUIRED TO
PROMOTE A
MANDATORY FULL TAKEOVER OFFER FOR REMAINING COMPANY'S SHARES
    * OFFER WILL BE MADE AT A CONSIDERATION EQUAL TO EURO 2.53
PER
SHARE

Source text for Eikon:  ID:nBIAc1mPXc 
Further company coverage:  RLT.MI 

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