Brief: Success Of Synsion Bidco Takeover Bid For Shares Of SQLI

Sqli SA

01/02/2022 11:44

Feb 1 (Reuters) - Sqli SA  SQLI.PA :
    * SUCCESS OF THE TAKEOVER BID FOR THE SHARES OF SQLI
    * 3,013,010 SHARES WERE TENDERED TO THE OFFER, ALLOWING
SYNSION
BIDCO TO HOLD 65.30% OF THE CAPITAL AND 62.48% OF THE VOTING
RIGHTS OF SQLI ON THE BASIS OF THE NUMBER OF SHARES IN
CIRCULATION ON THE CLOSING DATE OF THE OFFER. 'OFFER
    * IN ACCORDANCE WITH THE GENERAL REGULATIONS OF THE AUTORITÉ
DES
MARCHÉS FINANCIERS, THE OFFER WILL BE REOPENED FROM FEBRUARY 2,
2022 TO FEBRUARY 15, 2022 (INCLUSIVE)
    * THIS REOPENING WILL ALLOW SHAREHOLDERS WHO HAVE NOT
TENDERED
THEIR SHARES TO DO SO UNDER UNCHANGED CONDITIONS AND IN
PARTICULAR AT THE SAME PRICE OF THIRTY-ONE EUROS (€31) PER SQLI
SHARE
    * SYNSION BIDCO CONFIRMS INTENTION TO ASK AMF TO IMPLEMENT A
SQUEEZE-OUT PROCEDURE IF NUMBER OF SHARES NOT PRESENTED TO OFFER
BY MINORITY SHAREHOLDERS OF SQLI DOES NOT REPRESENT, AT THE END
OF THE REOPENED OFFER, MORE THAN 10% OF THE CAPITAL AND VOTING
RIGHTS OF SQLI

Source text for Eikon:  ID:nBwc0GXMFa 
Further company coverage:  SQLI.PA 

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