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PALFINGER - Minimum threshold for takeover bid Norwegian TTS GroupASA not reached

Published: August 12, 2016; 19:37 · (Vindobona)

As announced in the adhoc release from June 19th 2016, the PALFINGER Group lodged a takeover bid on July 18th 2016 for the shares in TTS Group ASA, which is listed on the Oslo Stock Exchange. One condition for closing the takeover bid by PALFINGER was the acceptance of more than 90% shares in TTS on a fully diluted basis.

PALFINGER - Minimum threshold for takeover bid Norwegian TTS GroupASA not reached / Picture: © Vindobona

 

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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The
issuer is solely responsible for the content of this announcement.

This article includes a total of 290 words.

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