Saras OPA, Varas buys more shares and exceeds 50.8% of the capital

Saras Vitols mandatory takeover bid begins at 16 euros Delisting

(Finance) – With reference to theMandatory takeover bid promoted by Varasa company indirectly owned by Vitol BV, having as its object all the ordinary shares of Sarasthe Offeror communicates that it has purchased yesterday, August 21, 2024on the Euronext Milan market, a quantity of 10,453,758 shares Saras at the price of 1.60 euros.

Following the purchases made to date, Varas now directly holds, 502,754,846 shares ordinary Saras, equal to approximately 52.866% of the capital social.

(Photo: Piotr Trojanowski / 123RF)

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