Brief: Weng Fine Art Submits A Buyback Offer To Free Float Of Subsidiary ArtXX
03/02/2022 08:10
Feb 3 (Reuters) - WENG FINE ART AG WFTG.DE :
* SUBMITS A BUYBACK OFFER TO THE FREE FLOAT OF THE
SUBSIDIARY
ARTXX AG
* OFFER RUNS FROM FEBRUARY 3RD TO FEBRUARY 28TH, 2022
* OFFERS SHAREHOLDERS OF ITS SUBSIDIARY ARTXX AG, WHO
RECEIVED
THEIR SHARES FOR EUR 6.00 IN PRIVATE PLACEMENT IN MAY 2019 TO
ACQUIRE THESE SHARES AT A PRICE OF EUR 12.50
* IS OFFERING THE OPTION OF REALIZING THE PREVIOUS INCREASE
IN
VALUE FOR ALL 480,000 OUTSTANDING SHARES BY ACCEPTING THE OFFER
Source text for Eikon: ID:nPexMyH9xa
Further company coverage: WFTG.DE
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