Revised Offer Received for Nyrstar’s 2% Shareholding in the Nyrstar Group
October 24 2019 - 12:00PM
Revised Offer Received for Nyrstar’s 2% Shareholding in the Nyrstar
Group
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
- Trafigura Revised Offer EN 24102019 FINAL
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