Tod’s takeover bid, subscriptions over 10.9%

Tods takeover bid subscriptions over 109

(Finance) – As part of thetakeover bid (OPA) voluntary totalitarian promoted by DeVa Finance (company indirectly controlled by Diego Della Valle) on the shares Tod’sthe Italian luxury house listed on Euronext Milan, it appears that today, 21 October 2022, 428,685 applications for membership were submitted.

Therefore, overall the requests for subscriptions are 926,718, equal to 10.96% of the offer.

The offer began on September 26, 2022 and will end on October 25, 2022.

Italian Stock Exchange he reminds that Tod’s ordinary shares purchased on the market on 24 and 25 October 2022 cannot be contributed in acceptance of the offer.

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