Brief: GF Anounces Tender Offer For All Shares In Uponor
12/06/2023 06:40
June 12 (Reuters) - Uponor Oyj UPONOR.HE :
* BOARD HAVE UNANIMOUSLY DECIDED TO RECOMMEND THAT
SHAREHOLDERS OF
UPONOR ACCEPT TENDER OFFER
* WILL ISSUE ITS STATEMENT ON TENDER OFFER BEFORE
PUBLICATION OF
TENDER OFFER DOCUMENT AND IT WILL BE INCLUDED IN TENDER OFFER
DOCUMENT
* ORAS INVEST LTD, LARGEST SHAREHOLDER OF UPONOR, WITH A
SHAREHOLDING OF 25.7 PERCENT, SUPPORTS TENDER OFFER AND HAS
IRREVOCABLY UNDERTAKEN TO ACCEPT TENDER OFFER WITH ITS ENTIRE
SHAREHOLDING
* IN ADDITION, OTHER SHAREHOLDERS OF UPONOR REPRESENTING, IN
AGGREGATE WITH ORAS INVEST, A SHAREHOLDING OF 36.9 PERCENT HAVE
IRREVOCABLY UNDERTAKEN TO ACCEPT TENDER OFFER
Source text for Eikon: ID:nGNE6lGYzs
Further company coverage: UPONOR.HE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))