Brief: FEGA & Schmitt Elektrogroßhandel Intends To Launch Tender Offer For TIM
27/03/2023 06:56
March 27 (Reuters) - TIM SA TIMP.WA :
* SAID ON FRIDAY COMPANY'S SHAREHOLDERS KRZYSZTOF FOLTA,
PIOTR
NOSAL, MACIEJ POSADZY, PIOTR TOKARCZUK, AND EWA FOLTA HAVE
SIGNED INVESTMENT DEAL WITH FEGA & SCHMITT ELEKTROGROßHANDEL
(INVESTOR), COMPANY AFFILIATED WITH ADOLF WÜRTH GMBH & CO. KG,
REGARDING LAUNCHING OF TENDER OFFER FOR ALL COMPANY'S SHARES
* UNDER TENDER OFFER SHAREHOLDERS TO SELL TOTAL OF 8.6 MLN
COMPANY'S SHARES REPRESENTING 38.76% STAKE
* PRICE UNDER TENDER OFFER HAS BEEN SET AT 50.69 ZLOTYS PER
SHARE
* INVESTOR HAS ALSO SIGNED BINDING AGREEMENT WITH COMPANY'S
SHAREHOLDER JAN WALULIK UNDER WHICH JAN WALULIK HAS COMMITTED TO
SELL 3.20% STAKE IN COMPANY UNDER TENDER OFFER
Source text for Eikon: urn:newsml:reuters.com:*:nEMbx9xvLa
Further company coverage: TIMP.WA
(Gdansk Newsroom)
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