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African Eye ReportAfrican News, Business, Ghana, Nigeria, Kenya, South Africa, Oil, Gold, Cocoa, Elections, EconomyGemalto Shares to be Delisted from Two Exchanges | African Eye Report
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Gemalto Shares to be Delisted from Two Exchanges

Gemalto

April 24, 2019//-Thales and Gemalto jointly announced that at their request, Euronext has confirmed that the ordinary shares in the capital of Gemalto will be delisted from Euronext Amsterdam and Euronext Paris effective on 29 May 2019.

The last day that Gemalto shares can be traded on Euronext will therefore be 28 May 2019.

Thales will commence as soon as possible (i) a compulsory acquisition procedure in accordance with article 2:92a or 2:201a of the DCC to buy out the Shareholders who have not tendered their Shares, and/or (ii) a takeover buy-out procedure in accordance with article 2:359c of the DCC to acquire the remaining Shares not held by Thales or Gemalto.

Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) in a joint press release dated 16 April 2019 on the results of the Post-Closing Acceptance Period in relation to the recommended all-cash offer by Thales for all the issued and outstanding shares of Gemalto (the Offer).

Instructively, Gemalto’s solutions are at the heart of modern life, from payment to enterprise security and the internet of things. While Thales combines a unique diversity of expertise, talents and cultures, our architects design and deliver extraordinary high technology solutions.

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