Finlogic takeover bid, price unchanged despite dividend

TIM Assogestioni funds nominate Paola Bruno for the BoD

(Finance) – With reference to the public purchase offer (OPA) voluntary totalitarian on Finlogica company listed on Euronext Growth Milan and active in the Information Technology sector, the bidder (Argo SpA) has decided to keep the fee unchangedequal to 12 euros for each share, also following the possible approval by the shareholders’ meeting of the distribution of the dividend 2023.

The bidder therefore, it does not avail itself of the right to reduce the fee based on the 2023 dividend.

On 28 March 2023, the board of directors resolved to submit to the shareholders’ meeting the proposal for the distribution of a gross dividend of €0.108937 for each ordinary share of Finlogic, for a total amount of 800,000 euros.

(Photo: © rawpixel)

tlb-finance