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Retelit SpA (LIT) NPV

Sell:€1.75 Buy:€1.80 Change: €0.02 (1.13%)
Market closed |  Prices as at close on 3 July 2020 | Switch to live prices |
Tender Offer

Retelit SpA NPV

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 23 Jun 2020)

What is happening?

 

Retelit SpA has announced details of a Tender Offer made by Retelit Digital Services SpA for up to 7.23% of the outstanding issued Share Capital of the Company at a price of EUR1.60 per Share.

 

You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 7.23% of the Shares you hold (rounded down to the nearest Share). You can ask to sell more or less than this, but you may not successfully sell all the Shares you tender above this entitlement.

 

The easiest way to tender Shares is online, and the deadline to give an instruction is noon on Monday 29 June 2020.

 

You have two options

 

1. Do nothing
You don’t have to take part in the Tender Offer. If you don’t you’ll keep your existing Shares.

 

2. Tender Shares
Ask to sell some or all of your Shares at EUR1.60 per Share

 

IMPORTANT: Any Shares accepted into the Tender Offer will be converted into a non-tradeable interim line of stock that will then be redeemed for the Tender Offer proceeds of EUR1.60. Please note that we do not have a firm date for when these Interim Shares would be redeemed and your proceeds paid to you.

 

Will I receive any cash proceeds in Euros?

 

No, the proceeds will be converted to Sterling upon receipt subject to the prevailing exchange rate at that time and standard currency conversion fees.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:€1.75
Buy:€1.80
Change: €0.02 (1.13%)
Market closed |  Prices as at close on 3 July 2020 | Switch to live prices |
Tender Offer

Retelit SpA NPV

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 23 Jun 2020)

What is happening?

 

Retelit SpA has announced details of a Tender Offer made by Retelit Digital Services SpA for up to 7.23% of the outstanding issued Share Capital of the Company at a price of EUR1.60 per Share.

 

You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 7.23% of the Shares you hold (rounded down to the nearest Share). You can ask to sell more or less than this, but you may not successfully sell all the Shares you tender above this entitlement.

 

The easiest way to tender Shares is online, and the deadline to give an instruction is noon on Monday 29 June 2020.

 

You have two options

 

1. Do nothing
You don’t have to take part in the Tender Offer. If you don’t you’ll keep your existing Shares.

 

2. Tender Shares
Ask to sell some or all of your Shares at EUR1.60 per Share

 

IMPORTANT: Any Shares accepted into the Tender Offer will be converted into a non-tradeable interim line of stock that will then be redeemed for the Tender Offer proceeds of EUR1.60. Please note that we do not have a firm date for when these Interim Shares would be redeemed and your proceeds paid to you.

 

Will I receive any cash proceeds in Euros?

 

No, the proceeds will be converted to Sterling upon receipt subject to the prevailing exchange rate at that time and standard currency conversion fees.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:€1.75
Buy:€1.80
Change: €0.02 (1.13%)
Market closed |  Prices as at close on 3 July 2020 | Switch to live prices |
Tender Offer

Retelit SpA NPV

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 23 Jun 2020)

What is happening?

 

Retelit SpA has announced details of a Tender Offer made by Retelit Digital Services SpA for up to 7.23% of the outstanding issued Share Capital of the Company at a price of EUR1.60 per Share.

 

You can ask to sell all or part of your holding in the offer. You’ve got a guaranteed entitlement to tender (i.e. elect to sell) 7.23% of the Shares you hold (rounded down to the nearest Share). You can ask to sell more or less than this, but you may not successfully sell all the Shares you tender above this entitlement.

 

The easiest way to tender Shares is online, and the deadline to give an instruction is noon on Monday 29 June 2020.

 

You have two options

 

1. Do nothing
You don’t have to take part in the Tender Offer. If you don’t you’ll keep your existing Shares.

 

2. Tender Shares
Ask to sell some or all of your Shares at EUR1.60 per Share

 

IMPORTANT: Any Shares accepted into the Tender Offer will be converted into a non-tradeable interim line of stock that will then be redeemed for the Tender Offer proceeds of EUR1.60. Please note that we do not have a firm date for when these Interim Shares would be redeemed and your proceeds paid to you.

 

Will I receive any cash proceeds in Euros?

 

No, the proceeds will be converted to Sterling upon receipt subject to the prevailing exchange rate at that time and standard currency conversion fees.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.