Brief: Toyota Caetano Portugal: Majority Shareholder Proposes Delisting

Toyota Caetano Portugal SA

09/08/2019 06:24

Aug 9 (Reuters) - Salvador Caetano Auto SGPS SA: 
    * SAID ON THURSDAY THAT IT PROPOSED THE LOSS OF THE STATUS
OF A
PUBLICLY-HELD COMPANY AND DELISTING OF TOYOTA CAETANO PORTUGAL'S
 SCT.LS  SHARES FROM REGULATED MARKET
    * SAID IT COMMITTED TO BUY THE SHARES OF TOYOTA CAETANO
PORTUGAL
FROM THE SHAREHOLDERS THAT WOULD NOT VOTE IN FAVOUR OF THE
DECLARATION OF PUBLIC COMPANY STATUS LOSS
    * SAID IT WOULD BUY TOYOTA CAETANO PORTUGAL'S SHARES FOR
2.80
EUROS PER SHARE WITHIN THREE MONTHS OF THE PORTUGUESE REGULATOR
CMVM'S APPROVAL

    
 Source text: https://bit.ly/2ZKEVNH
    
 Further company coverage:  SCT.LS  
   


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