Brief: Rothschild & Co Announces Concordia's Intention To File Simplified Tender Offer For Rothschild Shares

Rothschild & Co SCA

06/02/2023 07:28

Feb 6 (Reuters) - Rothschild & Co SCA  ROTH.PA :
    * HAS BEEN INFORMED OF INTENTION OF CONCORDIA TO FILE
SIMPLIFIED
TENDER OFFER FOR THE FOR ROTHSCHILD & CO SHARES AT PRICE OF EUR
48.0 PER SHARE, INCLUDING DIVIDENDS, AND TO  REQUEST SQUEEZE-OUT
    * INTENDS TO PROPOSE TO THE ANNUAL GENERAL MEETING OF
SHAREHOLDERS
AN ORDINARY DIVIDEND OF EUR 1.4 PER SHARE
    * SUBJECT TO APPROVAL OF SUPERVISORY BOARD, ROTHSCHILD & CO
WOULD
ALSO PROPOSE EXCEPTIONAL DISTRIBUTION OF EUR 8.0 PER SHARE WHICH
WOULD BE PAID ONLY IF CONCORDIA MAKES OFFER

Source text for Eikon: [ID: nNDL7jYMHW]
Further company coverage:  ROTH.PA 
 (Reporting by Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com))