(Finance) – With reference to the public takeover offer (OPA) totalitarian voluntary promoted by PRL SpA (the offeror) on a maximum of 5,518,975 ordinary shares of Pierrelrepresenting approximately 10.05% of the share capital, aimed at the delisting, the offeror communicated that it has agreed with Borsa Italiana the extension of the membership period by a further 3 trading days open if at the end of the acceptance period – the conclusion of which is scheduled for 15 December 2023 – the bidder does not hold a participation equal to at least 95% of the capital social.
If the extension becomes effective, the membership period will end on December 20, 2023 (unless further extended in accordance with applicable legislation). By 15 December 2023, the offeror will communicate any extension of the acceptance period, we read in a note.