Kolinpharma takeover bid, sell-out to start on 28 August

Kolinpharma takeover bid sell out to start on 28 August

(Finance) – Based on the definitive results of the public purchase offer (OPA) voluntary totalitarian on shares Kolinpharmaa company operating in the nutraceutical sector and listed on the Euronext Growth Milan market, 393,300 shares have been tendered, representing 23.988% of the share capital and equal to 59.411% of the shares involved in the offer.

The bidder came to hold a total of 1,491,471 shares, equal to the 90.967% of the share capital. The reopening of the terms will not take place and the legal conditions for the obligation to purchase have been verified.

The period during which the bidder will fulfill the obligation to purchase will start at 8:30 (Italian time) on the day August 28th 2023 and will end at 17:30 (Italian time) of the day September 15th 2023, inclusive (sell-out period), unless extended.

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