on UTI GROUP (EPA:FPG)
Crossing of Thresholds and Takeover by EEKEM Group
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.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all UTI GROUP news