Update 22 January 2021
In a joint press release dated 22 January 2021, the companies Altice Europe N.V. and Next Private B.V. (“offeror”) announced that all offer conditions according to the Offer Memorandum to the shareholders of Altice Europe N.V. have been satisfied or waived. Furthermore, the offeror declared the offer for Altice Europe unconditional.
With the offer being unconditional, the final settlement of the options contracts ATC with open interest is to take place.
On 22 January 2021, all participants holding open positions in ATC options contracts will receive a notice containing an overview of their respective open positions. Booking of the cash amounts will take place on 22 January 2021 with value date 25 January 2021. In the end-of-day batch processing of 25 January 2021, the positions will be booked out effective 26 January 2021.
Update (16 December 2020)
The company Altice Europe N.V. and Next Private B.V. announced in a joined press release its proposal to acquire Altice Europe N.V. via a takeover offer to the shareholders of Altice Europe N.V. at a price of EUR 5.35 per share.
More information about this transaction is available on the Altice Europe N.V. website www.altice.net.
This information describes the potential effects this transaction will have on the above mentioned contracts