OPA Labomar, sell-out to start on 7 August

OPA Labomar sell out to start on 7 August

(Finance) – With reference to the public purchase offer (OPA) voluntary totalitarian on shares Labomara company listed on Euronext Growth Milan and active in the development and production of food supplements and medical devices, based on definitive results it appears that 3,135,156 shares were tendered, equal to 16.961% of the share capital and 67.897% of the shares involved in the offer. Taking into account the shares tendered in acceptance of the offer, the offeror and the persons acting in concert come to hold 17,392,713 shares, equal to 94.096% of the share capital.

In the light of the final results, they resort to i conditions for exercising the obligation to purchase. The period during which the bidder will fulfill the obligation to purchase will start at 8:30 (Italian time) on August 7, 2023 and will end at 5:30 pm (Italian time) on August 28, 2023, inclusive ( sell-out period).

Following the fulfillment of the purchase obligation, Borsa Italiana will withdrawal of shares from trading on Euronext Growth Milan starting from the trading day following the payment date of the sell-out price and, therefore, on 4 September 2023.

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