Launch of a voluntary offer to buy back STEAM FRANCE shares
Extract from the 26 October, 26th 2020 Press release.../
STEAM France informs its shareholders of the launch, by majority shareholders holding together 92.2% of the capital, within the framework of the provisions of Article 5.2 paragraph 4 of the Euronext Access Rules of June, 19th 2017 (the “Market rules”), a voluntary offer to redeem (the “Offer”) for the 61,904 STEAM France shares that the majority group of shareholders does not currently own approximately 7.8% of the capital of STEAM France.
It is recalled that 467 STEAM France shares are currently admitted to trading on Euronext Access (formerly Free Market) under the ISIN code FR0013063559 (mnemonic: MLSEC).
As part of this Offer, STEAM France undertakes to offer to STEAM France’s minority shareholders to acquire all of their shares at a price of €3.68 per share.
The Offer will be open from November 13, 2020 to December 17, 2020 inclusive (the “Offer Period”).