(Finance) – With reference to thetotal voluntary public purchase offer Of Generali Bank concerning the maximum 32,297,500 ordinary shares of Intermontethe Offeror announces that from 23 December 2024 (inclusive) to 27 December 2024 (inclusive) there have been brought into membership 19,713,316 shares to the Offer ordinary of the Issuer, equal to 61.037% of the ordinary shares of Intermonte subject to the Offer.
The Acceptance Period began on 23 December 2024 and will end on 24 January 2025 inclusive (unless extended in accordance with current provisions). The Bidder will match to the Adherents 3.04 euros (cum dividend) for each Share Subject of the Offer tendered to the Offer and purchased by the Offeror. The payment of the Consideration the day will come January 31, 2025 (unless extended in accordance with current provisions).
As of today Banca Generali holds 2,500 Intermonte shares corresponding to 0.0077% of the Issuer’s share capital and that these Shares will be added to the Shares tendered by the offerees for the purpose of reaching the Threshold Condition.
(Photo: Intermonte)