Southey Capital Initiates Voluntary Tender for Astaris SFP Units

On March 17, 2025, Southey Capital Ltd announced an invitation to a voluntary tender offer for the holders of Astaris S.p.A SFP units, identified by ISIN IT0005422925. The offer is governed by English law and aims to provide liquidity to unit holders facing limited market access.

Southey, as the Offeror, proposes a cash purchase price of €0.0355 per unit. The tendered securities must be in electronic form, as physical positions are excluded. The maximum acceptance amount for the offer is set, though the exact amount isn't specified in the announcement.

The offer commenced on March 17, 2025, and will expire on April 18, 2025. Settlement of valid tenders will occur promptly post-expiration. The procedure requires completing a Form of Acceptance via email to Southey Capital.

Southey reserves the right to alter any offer terms, including not accepting any tenders, adjusting purchase amounts, and other modifications guided by relevant laws.