Brief: Westag & Getalit Posts Public Buyback Offer For Co's Preferred Shares

Westag AG

27/08/2020 12:42

Aug 27 (Reuters) - WESTAG & GETALIT AG  WUGG.F :
    * PUBLIC BUYBACK OFFER FOR THE COMPANY'S PREFERRED SHARES
    * VOLUNTARY PUBLIC PURCHASE OFFER IS MADE TO ALL PREFERENCE
SHAREHOLDERS, WHICH IS LIMITED TO THE ACQUISITION OF A TOTAL OF
UP TO 518,450 PREFERENCE SHARES
    * ARITHMETICAL SHARE IN THE SHARE CAPITAL OF EUR 2.56 PER
SHARE.
    * THE OFFER DOES NOT RELATE TO THE ORDINARY SHARES OF THE
COMPANY
    * OFFER PRICE IS EUR 22.40 PER PREFERRED SHARE TENDERED AND
IS
THUS 12.0% ABOVE THE RELEVANT CLOSING PRICE ON THE FRANKFURT
STOCK EXCHANGE ON AUGUST 26, 2020

Source text for Eikon:  ID:nPexlXQgJa 
Further company coverage:  WUGG.F 

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