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Brief: Backspin To Launch Mandatory Bid For Spindox With Aim Of Delisting Group

Oct 23 (Reuters) - Spindox SpA SPN.MI on behalf of Backspin SpA:

SAID ON WEDNESDAY IT HAD REACHED 74.12% SHARE CAPITAL IN SPINDOX

TO LAUNCH MANDATORY BID FOR ALL RESIDUAL SPINDOX SHARES WITH INTENTION OF DELISTING GROUP FROM EURONEXT GROWTH MILAN

CONSIDERATION SET AT EUR 13/SHR CUM DIVIDEND

 Further company coverage: SPN.MI

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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