Brief: Nyrstar Provides Update On Put Option On Its 2% Investment In NN2

Nyrstar NV

27/05/2022 06:11

May 27 (Reuters) - Nyrstar NV  NYR.BR :
    * PROVIDES UPDATE IN RELATION TO PUT OPTION THAT CO HAS IN
RELATION TO ITS 2% INVESTMENT IN NN2 NEWCO LIMITED ENTITLING IT
TO SELL SUCH 2% TO TRAFIGURA NEW HOLDCO FOR A FIXED AMOUNT OF
EUR 20 MILLION
    * IN MAKING ITS DECISION ON WHETHER OR NOT TO EXERCISE PUT
OPTION,
COMMITTEE OF INDEPENDENT DIRECTORS WILL ALSO DULY CONSIDER ANY
SUBSTANTIATED THIRD-PARTY BIDS
    * BOARD WILL DECIDE EITHER TO EXERCISE OR NOT TO EXERCISE
PUT
OPTION, OR, WHETHER TO SELL 2% INVESTMENT IN NN2 TO A
THIRD-PARTY, PRIOR TO EXPIRY OF PUT OPTION ON 31 JULY 2022

Source text for Eikon:  ID:nGNE8XRjDZ 
Further company coverage:  NYR.BR 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))