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Approach for the Company – Further Update

Written by Customer Service on . Posted in Mergers And Acquisitions.

Following the discussions regarding the GIG SA approach, the board have been advised that the potential offer for the Company’s shares announced on the 17 December 2024 will no longer be pursued. Instead, a proposal has been received to acquire GIG Services SA, an indirect subsidiary of the Company, from members of the board at GIG Services SA supported by parties related to the majority beneficial shareholder in the Company.

Please see the full announcement attached.

Attachment

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