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CIE Automotive Launches Partial Tender Offer Over Its Own Shares

RefinitivLess than 1 min read

CIE Automotive SA CIE:

  • PRELIM ANNOUNCEMENT OF CIE AUTOMOTIVE VOLUNTARY AND PARTIAL PUBLIC TENDER OFFER OVER ITS OWN SHARES

  • OFFER PRICE IS 24.00 EUROS PER SHARE, WHICH WILL BE PAID ENTIRELY IN CASH

  • OFFER EXTENDS TO ACQUISITION OF MAXIMUM OF 11.6 MILLION SHARES, REPRESENTING 9.675% OF ITS SHARE CAPITAL

  • OFFER TO AMOUNT TO MAXIMUM AMOUNT OF 278.2 MILLION EUROS

  • OFFER NOT ADDRESSED TO THE 89,712 TREASURY SHARES, REPRESENTING 0.075% OF TOTAL SHARE CAPITAL AND VOTING RIGHTS OF CO

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