on AUGROS COSMETIC PACKAGING (EPA:AUGR)
Augros Cosmetic Packaging: Contribution of Shares and Takeover Bid by PBRM Industries
On October 17, 2024, Participations et Financière Bourgine, controlled by the Bourgine family group, transferred 719,826 shares of Augros Cosmetic Packaging to PBRM Industries. This transaction was carried out at a price of €7 per share, giving PBRM Industries 50.43% of Augros' capital and 39.35% of the voting rights.
PBRM Industries plans to file a mandatory public offer with the Autorité des Marchés Financiers. The offer will be a simplified takeover bid at 7 euros per share, potentially followed by a mandatory squeeze-out. It promises immediate liquidity to shareholders, including a premium of up to 29% on the weighted average price of the last 60 days.
The finalization of this offer is subject to the filing and compliance validated by the competent authorities.
R. P.
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