Response Memorandum of the Board of Directors of Recticel SA/NV on the conditional voluntary public takeover offer in cash by Greiner AG
RECTICEL ADVISES SHAREHOLDERS NOT TO SELL THEIR SHARES UNDER THE GREINER OFFER
Recticel announces the publication of the Response Memorandum related to the unsolicited Offer by Greiner AG. The Response Memorandum was approved by the FSMA on 28 October 2021.
On 14 May 2021, Greiner announced its intentions to make an unsolicited Offer, without any prior engagement with the Board of Directors of Recticel. After careful consideration, the Board of Directors remains of the view that the Offer does not address the position and legitimate interests of all stakeholders and substantially undervalues the Company.
More information can be found in the Response Memorandum.
Download the Response Memorandum (PDF)
There are currently five sell-side analysts following the Recticel share
Summary of analyst coverage on Recticel
Reference publication period: between 01.09.2021 and 02.11.2021