Team: delisting in sight











Photo credit © ChaunuPictures


(Boursier.com) — The results of the Voluntary Tender Offer initiated on the shares Team SA show a number of shares tendered to the offer of 9,786, at a unit price of 430 euros, ie a total amount in cash of 4,207,980 euros. Following this operation, the initiator now holds 99.64% of the capital and voting rights of Team SA and has achieved all of its objectives. Insofar as the initiator holds a stake in excess of 90% of the capital or voting rights, it has requested Euronext Paris to delist the shares of the company Team SA listed on Euronext Access at the end of the offer. Thus, the listing of the Team SA share will not resume and the shares will be delisted from the Euronext Access market as of December 16. The shares will be delisted from Euroclear France as of December 21. Following the delisting of the shares on Euronext Access, it is no longer possible for the remaining minority shareholders to sell their shares via Euronext Paris.


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