Brief: Lalique Group Announces Tender Offer By Silvio Denz And Intends To Delist From The Stock Exchange

Lalique SA

31/05/2024 05:50

May 31 (Reuters) - Lalique Group SA  LLQ.S :
    * LALIQUE GROUP ANNOUNCES TENDER OFFER BY SILVIO DENZ AND
INTENDS
TO DELIST FROM THE STOCK EXCHANGEOFFER PROSPECTUS PUBLISHED
TODAY; OFFER PERIOD BEGINS ON 17 JUNE 2024
    * SILVIO DENZ IS OFFERING PUBLIC SHAREHOLDERS CHF 40 IN CASH
PER
LALIQUE GROUP SHARE
    * LALIQUE GROUP AND SILVIO DENZ, ITS 51.1% MAJORITY
SHAREHOLDER &
CHAIRMAN, INTEND TO DELIST COMPANY'S SHARES FROM SIX SWISS
EXCHANGE
    * OFFER HAS SUPPORT OF COMPANY'S BOARD OF DIRECTORS
    * ANCHOR SHAREHOLDERS HAVE EACH CONCLUDED SEPARATE
NON-TENDER
AGREEMENTS WITH SILVIO DENZ ; WILL REMAIN INVESTED IN LALIQUE
    * LALIQUE GROUP - ROGER VON DER WEID, WHO SERVED AS GROUP
CEO
UNTIL END JAN AND BEEN A BOARD MEMBER SINCE 2006, WILL NOT STAND
FOR RE-ELECTION
    * ROGER VON DER WEID, WHO SERVED AS GROUP CEO UNTIL END OF
JANUARY
2024 WILL NOT STAND FOR RE-ELECTION AT AGM.

Source text for Eikon:  ID:nEQ8HYPWDa 
Further company coverage:  LLQ.S 

 ((Reuters.Briefs@thomsonreuters.com;))