Brief: Private Placement Of Deceuninck Shares By Allacha and Evalli Is Completed

Deceuninck NV

10/09/2021 13:19

Sept 10 (Reuters) - DECEUNINCK NV  DECB.BR :
    * RESULT PRIVATE PLACEMENT DECEUNINCK SHARES BY SHAREHOLDERS
ALLACHA AND EVALLI 
    * HAS BEEN INFORMED THAT PRIVATE PLACEMENT OF DECEUNINCK
SHARES BY
 SHAREHOLDERS ALLACHA AND EVALLI HAS BEEN SUCCESSFULLY COMPLETED
    * AT THIS PRIVATE PLACEMENT, WHICH WAS WELL OVERSUBSCRIBED,
11,768,072 SHARES WERE PLACED BY BANK  DEGROOF PETERCAM WITH A
BROAD BASE OF INSTITUTIONAL INVESTORS AT THE PRICE OF € 3.50 PER
SHARE
    * BASED ON SHAREHOLDER NOTIFICATIONS RECEIVED FROM ALLACHA
AND
EVALLI, THEIR SHAREHOLDINGS PRIOR TO THIS PRIVATE PLACEMENT
AMOUNTED TO 3.90% RESP. 3.09%
    * UPON COMPLETION OF THIS TRANSACTION THE FREE FLOAT OF
DECEUNINCK
HAS INCREASED FROM 51.2% TO 58.2%
    * TRADING IN DECEUNINCK SHARES ON EURONEXT BRUSSELS HAS BEEN
SUSPENDED SINCE THIS MORNING AS A RESULT OF THIS PRIVATE
PLACEMENT AND WILL RESUME AS SOON AS POSSIBLE AFTER THE
PUBLICATION OF THIS PRESS RELEASE


Further company coverage:  DECB.BR 

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