Brief: Sidetrade Launches Friedly Bid On SHS Viveon Shares

SHS Viveon AG

02/05/2024 07:26

May 2 (Reuters) - Sidetrade SA  ALBFR.PA :
    * SIDETRADE AND SHS VIVEON AG AGREE PUBLIC TENDER OFFER FOR
SHS
VIVEON AG
    * TENDER OFFER PRICE: EUR 3.00 PER SHS VIVEON AG SHARE IN
CASH
    * TENDER OFFER DEADLINE: JUNE 17, 2024
    * POST-DELISTING: NO OPEN MARKET FOR SHS VIVEON AG SHARES
    * FRIENDLY PUBLIC TENDER OFFER WITH PREMIUM ON SHS VIVEON AG
SHARES
    * HAS SECURED 1,702,407 SHARES, REPRESENTING 68.4% OF SHS
VIVEON
AG’S OUTSTANDING SHARE CAPITAL
    * PUBLIC TENDER OFFER IS SCHEDULED FOR TUESDAY MAY 7, 2024,
WITH
PLANS TO SUBSEQUENTLY DELIST SHS VIVEON AG'S SHARES
    * PRICE OF EUR 3.00 PER SHARE IN CASH REPRESENTS 53% PREMIUM
OVER
1-YEAR VWAP (VOLUME-WEIGHTED AVERAGE PRICE) OF SHS VIVEON AG
(EUR 1.96 PER SHARE) AS OF APRIL 15, 2024

Source text: https://tinyurl.com/2tf8r2wj
Further company coverage:  ALBFR.PA 

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