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Pendant Power reaches 88.124% stake in PLC after offer

PUBT·10/27/2026 09:01:28
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Pendant Power reaches 88.124% stake in PLC after offer
  • Pendant Power will hold 88.12% of PLC following final tender offer results, confirming the preliminary outcome.
  • The offer drew 3,790,043 shares at EUR 3.08 each, totaling EUR 11.67 million, payable October 30, 2026.
  • The offer will reopen November 2-6, 2026, with payment for shares tendered during that period scheduled for November 13, 2026.
  • Pendant Power plans to secure delisting through a merger if the reopened offer fails to meet the required threshold.


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: 0836-30-2026_TELEBORSA.pdf), on October 27, 2026, and is solely responsible for the information contained therein.