Brief: Roc Oil Company Pty Limited Mades Public Cash Offer For Tethys Oil

Tethys Oil AB

13/09/2024 13:05

Sept 13 (Reuters) - Tethys Oil AB  TETY.ST :
    * ROC OIL COMPANY PTY LIMITED ANNOUNCED A PUBLIC CASH OFFER TO SHAREHOLDERS OF TETHYS OIL
    * BID COMMITTEE HAS UNANIMOUSLY DECIDED TO RECOMMEND SHAREHOLDERS OF COMPANY TO ACCEPT OFFER
    * ROC OIL  TO TENDER ALL THEIR SHARES IN TETHYS TO OFFEROR AT A PRICE OF SEK 58.70 IN CASH
PER
SHARE
    * OFFERED PRICE PER SHARE REPRESENTS PREMIUM OF 89.05% VERSUS CLOSING PRICE OF SEK 31.05 OF
TETHYS' SHARES ON 12 SEPTEMBER

Source text for Eikon:  ID:nMFN6CjgDn 
Further company coverage:  TETY.ST 

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