Brief: SII Announces A Simplified Public Tender Offer Shares At €70 Per Share

Societe Pour l Informatique Industrielle SA

12/12/2023 18:06

Dec 12 (Reuters) - Societe Pour l Informatique
Industrielle SA  IISP.PA :
    * CONCLUSION OF AN INVESTMENT AGREEMENT AND ANNOUNCEMENT OF
A
SIMPLIFIED PUBLIC TENDER OFFER FOR SII SHARES AT A PRICE OF €70
PER SHARE
    * AS A RESULT OF THE SIGNATURE OF THE INVESTMENT PROTOCOL,
THE
CONCERT HAS EXCEEDED THE THRESHOLDS OF 30% OF THE SHARE CAPITAL
AND VOTING RIGHTS OF THE COMPANY
    * THE CONCERT, WITHIN WHICH THE HUVÉ FAMILY GROUP REMAINS
PREDOMINANT, CURRENTLY HOLDS 10,624,189 SHARES AND THE SAME
NUMBER OF THEORETICAL VOTING RIGHTS IN THE COMPANY, REPRESENTING
53.12% OF THE COMPANY'S CAPITAL AND THEORETICAL VOTING RIGHTS
    * IN ACCORDANCE WITH THE TERMS OF THE INVESTMENT PROTOCOL,
THE
FOUNDER WILL SELL IN THE NEXT FEW DAYS TO THE OFFEROR FULL
OWNERSHIP OF 133,669 SII SHARES AT A PRICE OF 70.0 EUROS PER SII
SHARE SOLD
    * THE HUVÉ FAMILY GROUP, THE CEO AND THE MANAGERS NOW WISH
TO TO
BE ACCOMPANIED BY A PROFESSIONAL FINANCIAL PARTNER
    * THE OFFER WILL BE FINANCED BY SYNDICATED BANK DEBT AND AN
EQUITY
AND QUASI-EQUITY CONTRIBUTION FROM THE FINANCIAL INVESTOR.
INVESTOR

Source text for Eikon:  ID:nGNE1QGs7b 
Further company coverage:  IISP.PA 

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