on SQLI (EPA:SQI)
DBAY Advisors exceeds 90% of SQLI group shares
SQLI, a European specialist in digital services, announces that DBAY Advisors has crossed the threshold of 90% of the company's capital through Synsion BidCo. This gain results from a simplified public purchase offer at a price of €54 per share, which continues until November 22, 2024.
As of the closing date of November 8, 2024, Synsion BidCo held 93.53% of the capital and 91.45% of the voting rights. This crossing allows the company to implement a mandatory withdrawal of SQLI shares not tendered to the Offer, with compensation equal to the price of the Offer.
The AMF and Euronext will announce at a later date the details of the implementation of the mandatory withdrawal and the delisting of SQLI shares from the market.
R. P.
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