The Public Offer of Cryred Investments Limited for the acquisition of all the shares of P.G. Nikas is not expected to have a negative impact on labor relations or the number of employees in the company, as long as there are no significant changes in the current market and economic conditions, the Board of Directors of the listed company states in its Reasoned Opinion.
The Board of Directors of Nika adds that the business strategy of the Offeror is based on the existing business planning of the company, while emphasizing that the offered exchange of 1.24 euros per share meets the conditions set out in article 9 par. 4, 6 and 7 of the Law. and exceeds the upper limit of the value range per share stated in the Report of the Financial Advisor.
Finally, he notes that the Public Offer provides the shareholders of the company with the opportunity to invest with a price that meets the conditions set out in article 9 par. 4, 6 and 7 of the Law.
See in detail the Reasoned Opinion of the Board of Directors in the right column “Related Archives”.
Source: Capital
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