Brief: STM Group Announces Offer Update

STM

05/09/2023 17:26

Sept 5 (Reuters) - STM Group PLC  STMG.L :
    * STM GROUP PLC  - OFFER UPDATE
    * STM GROUP PLC - REACHED AGREEMENT IN PRINCIPLE ON REVISED
KEY
TERMS OF POSSIBLE OFFER
    * STM GROUP PLC - POSSIBLE OFFER THAT WOULD BE CASH OFFER
FOR
ENTIRE ISSUED,TO BE ISSUED SHARE CAPITAL OF CO AT 67PPER SHARE
    * STM GROUP:POSSIBLE OFFER THAT WOULD BE CONDITIONAL ON
DISPOSAL
COMPLETION OF CERTAIN PARTS OF GROUP THAT ARE NON-CORE TO
STRATEGY OF PENSION SUPERFUND CAPITAL
    * STM GROUP:EXTENSION TO DEADLINE BY WHICH SUPERFUND CAPITAL
IS
REQUIRED EITHER TO ANNOUNCE FIRM INTENTION TO MAKE OFFER FOR STM
OR WALK AWAY TO SEPT 8

Source text for Eikon:  ID:nRSE4663La 
Further company coverage:  STMG.L 

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