Rothschild & Co: Concordia holds 95.6% of the capital
Following settlement-delivery of the offer, scheduled for September 18, Concordia and the members of the concert will hold a total of 68.6 million shares representing 88.7% of the share capital and 91.2% of the voting rights.
Taking into account cross-promises to buy and sell and transfer commitments, i.e. 5.3 million Rothschild shares representing 6.9% of the share capital and 4.5% of the voting rights, the effective holding amounts to 73.9 million shares, i.e. 95.6% of the share capital and 95.8% of the voting rights.
Concordia, whose shareholders are members of the Rothschild family, plans to submit a request to the AMF for implementation of the
squeeze-out procedure in the near future, under the same financial conditions as the offer, i.e. 38.60 euros.
Pending implementation of the squeeze-out procedure, Rothschild & Co's share price has been suspended.
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