(Finance) – Oenne Srl, Hodl Srl and Bigiarini HDP Srl (the bidders) have the offer document has been published relating to the voluntary total public takeover offer (OPA) concerning all of the shares of Tweppy after deducting the 59.68% of the capital already held and the 2.36% of people acting in concert, therefore 37.96%.
The partners Algebris Investments and Teate Capital have signed an agreement pursuant to which they have undertaken not to transfer the shares held, equal to 9.68% of the capital, as well as to join to the takeover bid with all the aforementioned.
The effectiveness of the offer is subject to the achievement of a stake of at least 66% of the capital. The offer is aimed at delisting. The maximum disbursement is equal to 1,015,910 euros.
The membership period the offer will begin at 8.30 am (Italian time) on 11 November 2024 and will end at 5.30 pm (Italian time) on 29 November 2024 (inclusive), unless extended.