-+ 0.00%
-+ 0.00%
-+ 0.00%

Pendant Power reaches 96.831% stake in PLC after offer reopens

PUBT·11/09/2026 14:11:05
Pendant Power reaches 96.831% stake in PLC after offer reopens
  • Pendant Power will hold 96.83% of PLC following final results of its reopened offer, paving the way for full ownership.
  • The reopened offer attracted 1,921,023 shares, up 360,000 from preliminary results; payment of EUR 3.08 per share is scheduled for November 13, 2026.
  • Pendant Power will acquire the remaining 822,724 shares for EUR 2.53 million at EUR 3.08 per share.
  • The remaining share acquisition takes effect November 19, 2026, when the shares will be delisted.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PLC S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0836-34-2026_TELEBORSA.pdf), on November 09, 2026, and is solely responsible for the information contained therein.