Brief: Sopheon Plc Announces Possible Cash Offer For £10 Per Sopheon Share From Iops Buyer Inc.

Sopheon

31/10/2023 13:12

Oct 31 (Reuters) - Sopheon PLC  SPHN.L :
    * SOPHEON PLC IOPS BUYER INC.  - STATEMENT RE POSSIBLE OFFER
    * SOPHEON PLC - POSSIBLE CASH OFFER FOR SOPHEON PLC BY IOPS
BUYER
INC.
    * SOPHEON PLC -  POSSIBLE CASH OFFER FOR ENTIRE ISSUED AND
TO BE
ISSUED SHARE CAPITAL OF COMPANY AT A PRICE OF £10.00 PER SOPHEON
SHARE
    * SOPHEON PLC - BIDCO THAT IT INTENDS TO UNANIMOUSLY
RECOMMEND
POSSIBLE OFFER TO SOPHEON'S SHAREHOLDERS, SHOULD A FIRM OFFER BE
MADE ON THESE TERMS
    * SOPHEON PLC- PROPOSED DEAL VALUES ENTIRE ISSUED AND TO BE
ISSUED
SHARE CAPITAL OF SOPHEON AT APPROXIMATELY £114.9 MILLION

Source text for Eikon:  ID:nRSe8964Ra 
Further company coverage:  SPHN.L 

 ((Reuters.Briefs@thomsonreuters.com;))