September 5, 2019 / 8:32 AM / 10 days ago

BRIEF-PZ Cormay Board Approves Acquisition Of Orphee Shares

Sept 5 (Reuters) - PZ Cormay SA:

* SAID ON WEDNESDAY ITS SUPERVISORY BOARD HAS APPROVED ACQUISITION OF UP TO ALL ORPHEE SHARES AT NO MORE THAN 1.95 ZLOTYS PER SHARE

* COMPANY PLANS ORPHEE’S DELISTING

* COMPANY’S MANAGEMENT PLANS TO LAUNCH A SQUEEZE-OUT OF ORPHEE SHARES AFTER ACQUIRING REQUIRED NUMBER OF SHARES

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