Brief: Vinda International Notes Press Coverage Surrounding Possible Sale Of Shares By Essity

Vinda International Holdings

20/11/2023 14:06

Nov 20 (Reuters) - Vinda International Holdings Ltd
 3331.HK :
    * HAS NOTED RECENT PRESS COVERAGE SURROUNDING A POSSIBLE
SALE OF
SHARES IN COMPANY BY ESSITY
    * IF POTENTIAL TRANSACTION MATERIALISES, MAY LEAD TO OFFER
IN
RESPECT OF CO UNDER TAKEOVERS CODE
    * HAS BEEN FURTHER NOTIFIED BY ESSITY THAT NO LEGALLY
BINDING
AGREEMENT HAS BEEN ENTERED INTO
    * THERE HAVE BEEN PRELIMINARY DISCUSSIONS BETWEEN NUMBER OF
THIRD
PARTIES & ESSITY ON POSSIBLE SALE OF ESSITY'S STAKE IN CO
    * PRELIMINARY DISCUSSIONS ARE STILL IN PROGRESS AND
POTENTIAL
TRANSACTION MAY OR MAY NOT PROCEED
    * CONFIRMS NOT BEEN NOTIFIED OF OR RECEIVED AN OFFER FROM
ANY
PERSON IN RESPECT OF SECURITIES OF CO
    * AS BOARD NOT PRIVY TO DISCUSSIONS BETWEEN ESSITY & ANY
POTENTIAL
BUYERS, INFORMATION IS DISCLOSED WITH CONFIRMATION FROM ESSITY


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