Linedata Services: Results of the public share buyback offer initiated by Linedata Services for its own shares
Linedata Services
Results of the public share buyback offer initiated by Linedata Services for its own shares Neuilly-sur-Seine, December 23, 2022 The French financial markets authority (the “AMF”) today published a notice of results announcing the contribution of 1,336,789 shares to the public buyback offer initiated by Linedata Services (the “Company”) for its own shares (the “Share Buyback Offer”). The Share Buyback Offer was open between December 2 and 22, 2022, inclusive, and offered to Company shareholders to buy back their Linedata Services shares for a maximum of 1,100,000 shares at a unit price of 50.00 euros (€50.00). Considering that the number of shares tendered in response to the Share Buyback Offer (1,336,789 shares) was higher than the maximum amount of 1,100,000 shares which the Company had committed to buy back, a reduction was carried out in proportion to the buyback requests, in accordance with the provisions of Article R. 225-155 of the French Commercial Code. The Company will buy back 1,100,000 of its own shares for an amount of €55,000,000. It is planned that:
At the end of the share cancellation period, the capital of the Company will be reduced to €4,960,807, made up of 4,960,807 shares. Next communication: Full-year revenue 2022 on February 6, 2023 after market.
ABOUT LINEDATA
With 20 years’ experience and 700+ clients in 50 countries, Linedata’s 1,100 employees in 20 offices provide global humanized technology solutions and services for the asset management and credit industries that help its clients to evolve and to operate at the highest levels. Headquartered in France, Linedata achieved revenues of EUR 160.2 million in 2021 and is listed on Euronext Paris compartment B FR0004156297-LIN – Reuters LDSV.PA – Bloomberg LIN:FP.
Regulatory filing PDF file File: pdf |
Language: | English |
Company: | Linedata Services |
27 rue d'Orléans | |
92 200 Neuilly-sur-Seine | |
France | |
Internet: | www.linedata.com |
ISIN: | FR0004156297 |
Euronext Ticker: | LIN |
AMF Category: | Inside information / Other releases |
EQS News ID: | 1521405 |
End of Announcement | EQS News Service |
1521405 23-Dec-2022 CET/CEST