News
17 June 2024

Project Grand Bidco (UK) Limited has improved its offer prices and lowered the acceptance threshold of its tender offer – Purmo Group's board is maintaining its recommendation.

The holders of C shares and F shares will be offered a cash consideration of EUR 11.15 for each C share and the holders of F shares will be offered a cash consideration of EUR 6.75.

The Offeror has decided to lower the minimum acceptance threshold of the Improved Tender Offer from more than 90 per cent to more than 80 per cent of all shares.

For the full details, visit investors.purmogroup.com