Brief: Theon International Publishes Results of Venetus proposed placing of shares

Theon International

04/06/2025 13:46

June 4 (Reuters) - Theon International Plc THEON.AS:

SHAREHOLDER VENETUS HAS SUCCESSFULLY COMPLETED SALE OF ABOUT 3.73 MILLION SHARES IN THEON, 5.3% OF SHARE CAPITAL

VENETUS' AIM IS TO INCREASE FREE FLOAT OF COMPANY AND SUBSEQUENTLY IMPROVE LIQUIDITY OF THEON SHARES

FREE FLOAT WILL INCREASE TO 30.0%

PLACING PRICED AT EURO 31.1 PER SHARE

PLACING TO BE SETTLED BY DELIVERY OF SHARES AGAINST PAYMENT OF CONSIDERATION ON 6 JUNE 2025

VENETUS, CHRE INVESTMENT LIMITED WILL HOLD ABOUT 70% OF THEON'S SHARE CAPITAL AFTER SETTLEMENT

Source text: ID:nGNE5h4ZMx

Further company coverage: THEON.AS

 (Gdansk Newsroom)

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