(Finance) – With reference to the public purchase offer (OPA) on all the shares of DefenseTech, Tinexta communicated that during today’s Board of Directors meeting, the results of the analysis regarding the industrial and commercial developments of Defence Tech in recent months were examined, as well as the further potential benefits deriving from Defence Tech’s membership of the Tinexta Group.
Following this examination, it was decided to promote the OPA to a unit price per share equal to 3.15 eurosas stated in a note from the company listed on Euronext STAR Milan and active in Digital Trust, Cybersecurity and Innovation & Marketing services.
This consideration expresses a premium of approximately 15% compared to 2.74 euros per share, i.e. the price for the purchase of the shares of Comunimpresa and GE.DA Europe following the exercise of the call option.
It is expected that the transfer of the Defence Tech shares subject to the call option, which will determine the obligation to launch a takeover bid, will take place on August 5th 2024.
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