Brief: Relatech To Buy Back Treasury Shares For Up To EUR 1.4 Mln

Relatech SPA

17/02/2020 07:50

Feb 17 (Reuters) - Relatech SpA  RLT.MI :
    * SAID ON FRIDAY BOARD APPROVED ACQUISITION OF CO'S TREASURY
SHARES FOR UP TO EUR 1.4 MLN 
    * TO BUY CO'S TREASURY SHARES VIA PARTIAL VOLUNTARY TENDER
OFFER
FOR UP TO EUR 1.1 MLN 
    * OFFER LAUNCHED ON 300,300 SHARES AT EUR 3.6/SHR 
    * TO BUY REMAINING TREASURY SHARES VIA BUY-BACK PLAN FOR UP
TO EUR
318,920
    * OFFER STARTS ON FEB. 17, IT ENDS ON FEB.28
    * OFFER IS NOT INTENDED AT CO'S SHARES DELISTING

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA9Th58Y
    
 Further company coverage:  RLT.MI  
   


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