Approach for the Company - Further Update


Press Release Date 03-21-2025

Following the discussions regarding the GIG SA approach, the board have been advised that the potential offer for the Company’s shares announced on the 17 December 2024 will no longer be pursued. Instead, a proposal has been received to acquire GIG Services SA, an indirect subsidiary of the Company, from members of the board at GIG Services SA supported by parties related to the majority beneficial shareholder in the Company.

Please see the full announcement attached.

Attachment

 
NLR Logo
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters.

 

Sign Up for any (or all) of our 25+ Newsletters