Brief: Oenne, Hodl Takeover Bid On Tweepy Fails To Reach 37.96% Target

Tweppy SpA

08/04/2024 06:21

April 8 (Reuters) - Tweppy SpA  TWEP.MI  on behalf of
Oenne Srl, Hodl. Srl:
    * SAID ON FRIDAY TAKEOVER BID ACCEPTANCE PERIOD ENDED
WITHOUT
REACHING 37.96% TARGET
    * BASED ON PROVISIONAL RESULTS, OFFER EFFECTIVENESS
CONDITION HAS
NOT BEEN FULFILLED
    * A TOTAL OF 449,686 ORDINARY SHARES EQUAL TO 19.31% SHARE
CAPITAL
EQUAL TO 50.88% OF OFFER SHARES WERE TENDERED
    * SHARES TENDERED TO BE MADE AVAILABLE AGAIN TO THEIR
RESPECTIVE
HOLDERS


        
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