Spice shareholders who served their shares received $16.25 per share.
The takeover of Spice Private Equity by GP Swiss SA was finalized at the end of September. Spice shareholders who served their shares received $16.25 per share. At the time of closing, GP and the persons acting in concert owned 97.52% of the voting rights and share capital of Spice.
As previously announced, GP now plans to request the cancellation (Squeeze-out) of the shares that have not been served and to have the Spice shares delisted on SIX. This process can take several months, reads the press release on Friday evening.
Until their delisting, Spice shares may still be traded on the Swiss Stock Exchange. Spice recommends using this option because the squeeze-out and delisting can have unpleasant tax consequences.
