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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Nyrstar NV | EU:NYR | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0072 | -12.50% | 0.0504 | 0.0504 | 0.0578 | 0.057 | 0.05 | 0.0568 | 2,085 | 12:04:35 |
Revised Offer Received for Nyrstar’s 2% Shareholding in the Nyrstar Group
24 October 2019 at 19.00 CEST
Nyrstar NV ("Nyrstar" or the “Company”) today announces that further to discussions that it has been having with the Trafigura Group, a revised offer has been received for the Company’s 2% shareholding in the Nyrstar Group which was retained under the restructuring that was completed on 31 July 2019 (the “Revised Offer”). Under the terms of the Revised Offer, the Trafigura Group is offering to pay EUR 22.5 million for the one B Ordinary Share held by Nyrstar in NN2 Newco Limited. The Revised Offer represents an increase of EUR 0.5 million compared to the original offer that was received on 10 October 2019 (the “Original Offer”). As per the terms of the Original Offer, the Revised Offer is set to expire at 17.00 CET on 6 November 2019.
The Nyrstar Board is currently reviewing the Revised Offer and is seeking input from an independent equity valuation assessment. Nyrstar will further update the market in due course.
About NyrstarThe Company is incorporated in Belgium and, following completion of the recapitalisation/restructuring has a 2% shareholding in the Nyrstar group. The Company is listed on Euronext Brussels under the symbol NYR. For further information please visit the Nyrstar website: www.nyrstar.be
For further information contact:
Anthony Simms - Head of Investor Relations T: +41 44 745 8157 M: +41 79 722 2152 anthony.simms@nyrstar.com
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1 Year Nyrstar NV Chart |
1 Month Nyrstar NV Chart |
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