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easyHotel announces offer update; Bidco owns 68.06%

By BFN News | 09:52 AM | Wednesday 18 September, 2019


The Board of easyHotel notes the announcement by the Board of Citrus UK Bidco Limited ("Bidco") that as at 1.00pm on 17th September 2019 it had received valid acceptances in respect of easyHotel Shares which, together with easyHotel Shares BidCo has acquired before or during the Offer, result in Bidco holding an aggregate 99,350,698 easyHotel Shares representing 68.06% of easyHotel's issued share capital. The board reiterates that the Offer is fair and recommends shareholders accept the Offer in respect of easyHotel Shares. The Offer, which is now wholly unconditional, will now remain open for further acceptances until 1.00pm on 1st October 2019. At 9:52am: (LON:EZH) Easyhotel Plc share price was 0p at 94.5p Story provided by StockMarketWire.com

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