Press release
Paris, September 29, 2021
Offer for iliad shares: Xavier Niel now owns more than 90% of iliad’s share capital and voting rights, triggering the possibility of launching a squeeze-out
Based on the published results of the public tender offer, Xavier Niel – iliad’s controlling shareholder –has exceeded, through his holding company HoldCo II, the ownership threshold of 90% of iliad’s share capital and voting rights (96.46% of iliad’s share capital). This means he can request for a squeeze-out procedure to be launched, as referred to in his intentions concerning the tender offer (see the Offer Document approved by the AMF under visa no. 21-386 dated September 7, 2021).
The final results of the tender offer were issued in a Notice published by the AMF on September 29, 2021 and the request to launch the squeeze-out procedure will be made in the coming days.
Contact: presse@iliad.fr
Attachment
The content is by GlobeNewswire. DKODING Media is not responsible for the content provided or any links related to this content. DKODING Media is not responsible for the correctness, topicality or the quality of the content.
The post [Holdco Press Release] Offer for iliad shares: Xavier Niel now owns more than 90% of iliad’s share capital and voting rights, triggering the possibility of launching a squeeze-out appeared first on DKODING.
from https://www.dkoding.in/press-release/holdco-press-release-offer-for-iliad-shares-xavier-niel-now-owns-more-than-90-of-iliads-share-capital-and-voting-rights-triggering-the-possibility-of-launching-a-squeeze-out/
via Dkoding RSS Feed
No comments:
Post a Comment