BRIEF-Greenvolt Gets Update On Tender Offer Conditions From GVK Omega

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May 15 (Reuters) - GVK Omega, S.G.P.S., Unipessoal, Lda.:

ON MONDAY UPDATED GREENVOLT GVOLT.LS ON STATUS OF VERIFICATION OF CONDITIONS LISTED ON PRELIMINARY OF GENERAL AND VOLUNTARY TENDER OFFER OVER SHARES CORRESPONDING TO SHARE CAPITAL OF GREENVOLT
IT IS NOT EXPECTED CONDITIONS IN SUBPARAGRAPHS (H) AND (I) OF PARAGRAPH 4 OF PRELIMINARY ANNOUNCEMENT WILL APPLY TO OFFER
UNDER PURCHASE AND SALE AGREEMENTS FROM DECEMBER 21, 2023 WITH SELLING SHAREHOLDERS, OFFEROR HAS NOTIFIED THEM TRANSFER OF GREENVOLT SHARES UNDER SHARE PURCHASE AGREEMENTS TO TAKE PLACE ON MAY 31
SELLING SHAREHOLDERS HAVE CONFIRMED SHARE TRANSFER DATE
CONSIDERATION TO BE PAID BY OFFEROR TO EACH OF SELLING SHAREHOLDERS UNDER TERMS OF SHARE PURCHASE AGREEMENTS IS EUR 8.30/SHR, TO BE PAID IN CASH
IN LIGHT OF THE ABOVE, THERE WILL BE NO PAYMENT BY OFFEROR TO SELLING SHAREHOLDERS OF ANY TICKING FEE
THEREFORE, CONSIDERATION OFFERED IN OFFER WILL BE EUR 8.30/SHR

Source text: https://tinyurl.com/2jfmjhtv , nFWN3EK2NH
Further company coverage: GVOLT.LS

(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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