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Adecco: holds 96.97% of AKKA shares

(CercleFinance.com) - The HR group today announced that during the acceptance period of the previously announced mandatory tender offer for AKKA Technologies, 9,319,130 shares (representing 90.
79% of the shares to which the offer relates) were tendered.

The initial acceptance period for the offer ended on 13 April 2022. In addition to the shares, 1,652 convertible bonds (representing 94.40% of the outstanding convertible bonds to which the offer relates) were tendered in the offer.

As a result, Adecco will hold a total of 96.97% of the outstanding shares and 94.40% of the outstanding convertible bonds issued by AKKA.

The offer will be reopened from 21 April to 11 May. At the end of this offer, the squeeze-out will be implemented, Invest Securities commented.

Adecco shares are currently up about 2% on this news.


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