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BRIEF-FFP buys 5.2 pct stake in SPIE
6. September 2017 / 07:33 / vor 2 Monaten

BRIEF-FFP buys 5.2 pct stake in SPIE

Sept 6 (Reuters) - FFP SA:

* BUYS 5.2 PERCENT STAKE IN SPIE‍​

* CLAYAX HAS UNDERTAKEN NOT TO SELL ANY SPIE SHARE AT A PRICE LOWER TO THE TRANSACTION PRICE FOR A PERIOD OF 30 DAYS FOLLOWING THE COMPLETION OF THE BLOCK TRADE

* FFP ACQUIRES 8 MILLION SHARES OF SPIE FROM CLAYAX FOR € 189 MILLION‍​

* FFP HAS EQUALLY UNDERTAKEN NOT TO SELL ANY SPIE SHARE FOR A PERIOD OF 60 DAYS

* FFP WILL SEEK TO BE REPRESENTED ON THE BOARD OF THE COMPANY Source text: bit.ly/2gFVUv8 Further company coverage:, (Gdynia Newsroom)

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