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on UTI GROUP (EPA:FPG)

Crossing of Thresholds and Takeover by EEKEM Group

Stock price chart of UTI GROUP (EPA:FPG) showing fluctuations.

EEKEM Group recently crossed several participation thresholds in UTI GROUP. By letter dated October 28, 2024, EEKEM Group announced that it held 81.02% of the capital and 80.05% of the voting rights of the company. This crossing is the result of a subscription to a capital increase followed by the acquisition of off-market shares.

Over the next six months, EEKEM Group plans to launch a simplified public tender offer for the entire capital of UTI GROUP, at €0.20 per share. If successful, a squeeze-out procedure could be implemented. The company's recently appointed directors include Jean-Luc Bernard, Freddy Gimenez and Nadège Mariani.

R. P.

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