OPA Sababa Security, subscriptions above 64.5%

ALA Intesa lowers target price and confirms Buy

(Finance) – As part of the takeover bid (OPA) voluntary totalitarian promoted by HWG Group BidCo on the ordinary shares of Sababa Security, an Italian company active in the cybersecurity sector and listed on Euronext Growth Milan, was notified that 1,503,200 shares were tendered from 1 to 5 May. I am therefore 1,505,200 shares tendered in total from the beginning of the membership period.

This is a figure equal to 64.590% of the number of shares subject to the offer and 20.257% of the entire share capital.

At today’s date, the shares tendered in acceptance of the offer, together with the shares owned by the persons acting in concert, are altogether equal to88.894% of the share capital.

The membership period started on 3 April 2023 e will end on Friday 12 May 2023as extended.

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