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Cicor Technologies Ltd.
M&A Activity • Dec 10, 2024
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M&A Activity
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News Details
Ad-hoc | 9 December 2024 07:00
OEP 80 B.V. published the pre-announcement for a mandatory offer
Cicor Technologies Ltd / Key word(s): Tender Offer
09-Dec-2024 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Ad hoc announcement pursuant to Art. 53 LR
Bronschhofen, December 9, 2024 – Cicor Group (SIX Swiss Exchange: CICN) announces today that OEP 80 B.V. (OEP) published the pre-announcement for a mandatory offer for all the shares of Cicor Technologies Ltd. held in the public.
OEP needs to publish an offer after it converted its Mandatory Convertible Bonds (MCNs) and thereby crossed the mandatory offer threshold. The offer price amounts to CHF 55.17 per share, which represents the minimum price and is 7.12% below the last closing price at SIX.
The prospectus is planned to be published on or around December 12, 2024. The OEP pre-announcement is available online: cicor-offer.ch
Contact
Cicor Management AG
Gebenloostrasse 15
CH-9552 Bronschhofen
Media & Investor Relations
Phone +41 71 913 73 00
Email: [email protected]
The Cicor Group is a globally active provider of full-cycle electronic solutions from research and development to manufacturing and supply chain management. Cicor’s approximately 3,350 employees at 20 locations are serving leaders from the medical, industrial and aerospace & defence industries. Cicor creates value to its customers through the combination of customer-specific development solutions, high-tech components, as well as electronic device manufacturing. The shares of Cicor Technologies Ltd. are traded at the SIX Swiss Exchange (CICN). For further information, please visit the website www.cicor.com .
End of Inside Information
| Language: | English |
| Company: | Cicor Technologies Ltd |
| c/o Cicor Management AG, Gebenloostraße 15 | |
| 9552 Bronschhofen | |
| Switzerland | |
| Phone: | +41719137300 |
| Fax: | +41719137301 |
| E-mail: | [email protected] |
| Internet: | www.cicor.com |
| ISIN: | CH0008702190 |
| Valor: | 870219 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 2046371 |
| End of Announcement | EQS News Service |