April 3, 2018 / 12:09 PM / 6 months ago

BRIEF-Fidessa Says ‍Received Two Separate Approaches Each Considering Making Offer Premium To Temenos Offer

April 3 (Reuters) - Fidessa Group Plc:

* ‍RECEIVED APPROACHES FROM 2 SEPARATE THIRD PARTIES EACH CONSIDERING MAKING OFFER FOR FIDESSA AT PREMIUM TO TEMENOS OFFER ANNOUNCED ON 21 FEB

* ‍UNDER TERMS OF ONE OF POSSIBLE OFFERS FIDESSA SHAREHOLDERS WOULD RECEIVE £38.297 FOR EACH SHARE £37.50 CASH CONSIDERATION, £0.797 DIVIDEND​

* ‍PARTY A POSSIBLE OFFER REPRESENTS A 5.0% PREMIUM TO TEMENOS OFFER​

* ‍DISCUSSIONS WITH THIRD PARTIES ONGOING, THERE CAN BE NO CERTAINTY FORMAL OFFER FROM EITHER WILL BE FORTHCOMING OR AS TO TERMS OF ANY OFFER​

* ‍BELIEVES IN FIDESSA SHAREHOLDERS' INTEREST TO ADJOURN SCHEME COURT MEETING, GENERAL MEETING CALLED FOR 5 APRIL 2018 TO APPROVE TEMENOS OFFER​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below