(Finance) – With reference to the public takeover offer (OPA) totalitarian on the Digital360a company listed on Euronext Growth Milan which aims to accompany businesses and public administrations in understanding and implementing digital transformation, thebidder he has made it known that he will come to detain participation of at least 91.87% of the share capital and, therefore, above the 90% threshold.
As indicated in the offer document, the offeror has declared its intention not to restore a sufficient float to ensure the smooth running of negotiations. Furthermore, as a result of reaching the threshold of at least 90%, the conditions for theexercise of the right to purchase of the remaining 1,671,148 shares, equal to 8.13% of the share capital.
Digital360 reports that, following the fulfillment of the conditions of the obligation to purchase and the right to purchase, Borsa Italiana will arrange theexclusion of shares from trading on Euronext Growth Milan (delisting), with effect from the date that the offeror agrees with Borsa Italiana.
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