Brief: G2 Acquisition Announces Recommended Cash Offer For All Outstanding Shares In ZignSec

ZignSec AB (publ)

04/09/2024 07:13

Sept 4 (Reuters) - 
    G2 Acquisition:
    * ANNOUNCES RECOMMENDED CASH OFFER TO SHAREHOLDERS AND
HOLDERS OF
WARRANTS OF SERIES TO1 OF ZIGNSEC
    * BOARD OF DIRECTORS OF ZIGNSEC UNANIMOUSLY RECOMMENDS THAT
ZIGNSEC'S SHAREHOLDERS AND WARRANT HOLDERS ACCEPT OFFER
    * PRICE OF SEK 1.38 IN CASH PER SHARE
    * TOTAL VALUE OF OFFER AMOUNTS TO APPROXIMATELY SEK 302.9
MILLION
    * PRICE OFFERED REPRESENTS PREMIUM OF ABOUT 116% COMPARED TO
CLOSING SHARE PRICE OF SEK 0.640 ON 3 SEPTEMBER 2024

Source text for Eikon:  ID:nWkr7HGCLN 
Further company coverage:  ZIGN.ST 

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