TAS towards delisting. Takeover vehicle rose to 94%

Cyberoo business continuity despite impact of operational offices in Ukraine

(Finance) – Solidus Bidco has reached 94.119% of the capital Of TAS, a company listed on Euronext Milan and active in the supply of solutions for the management of payment systems, e-money and financial markets. This was announced by Solidus Bidco, a vehicle controlled by the private equity company Gilde, presenting the preliminary results of the mandatory full takeover bid (takeover bid) involving all the ordinary shares. It was therefore the prerequisite for delisting has been reached of the company from Piazza Affari.

On the basis of the provisional results communicated by Spafid, in its capacity as Intermediary in charge of coordinating the collection of subscriptions, at the end of the subscription period 4,242,771 shares entered into the tender offer, equal to 5.058% of the capital of TAS and 34.847% of the shares object of the offer, for a total value of 9,334,096.20 euros. The payment of the consideration will take place on 8 April 2022.

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