Brief: Tessenderlo Group Reopens Exchange Offer For Picanol Group Shares

Tessenderlo NV

13/02/2023 07:20

Feb 13 (Reuters) - Tessenderlo Group  TESB.BR :
    * REOPENS THE EXCHANGE OFFER AS SIMPLIFIED SQUEEZE-OUT AS
FROM
FEBRUARY 13, 2023
    * REOPENS ITS VOLUNTARY PUBLIC EXCHANGE OFFER FOR ALL SHARES
OF
PICANOL GROUP AS A SIMPLIFIED SQUEEZE-OUT TO ACQUIRE ALL
OUTSTANDING SHARES OF PICANOL GROUP
    * REOPENING AS A SIMPLIFIED SQUEEZE-OUT WILL ALSO RESULT IN
THE
DELISTING OF PICANOL GROUP BY EURONEXT ON MARCH 3, 2023, AFTER
MARKET CLOSE
    * FINAL ACCEPTANCE PERIOD FOR THE EXCHANGE OFFER WILL
COMMENCE
TODAY, MONDAY FEBRUARY 13, 2023, AT 9:00 AM (CET)

Source text for Eikon:  ID:nNDL9pClxv 
Further company coverage:  TESB.BR 
 (Gdansk newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))