(Finance) – With reference to the public takeover offer (OPA) voluntary and partial promoted by GEL and concerning a total of 880,000 shares of the company (representing 12.23% of the capital), the provisional results indicate that 464,975 shares have been tendered, equal to 52.84% of the shares subject to the offer and representative of the 6.46% of the share capital.
The total number of shares tendered will be less than the number of shares subject to the offer. Therefore, the distribution and the company will not apply will purchase all the shares tendered.
Following the outcome and as a consequence of the offer, the company will hold a total of 920,600 own shares, representing the 12.80% of the capital.