GP Investments : Notice to the Market - Delisting of Spice PE shares from SIX
April 03, 2023 at 09:17 pm EDT
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GP INVESTMENTS, LTD.
NOTICE TO THE MARKET
GP Investments, Ltd. (B3: GPIV33), a company headquartered at 16 Burnaby Street, Hamilton, HM 11, Bermuda ("Company"), whose Class A shares are traded on B3 S.A. - Brasil, Bolsa, Balcão ("B3") in the form of Brazilian Depositary Receipts ("BDRs"), in addition to the Notice To The Market disclosed on September 30th, 2022, hereby announces that the remaining publicly held registered shares of Spice Private Equity Ltd. ("Spice") shall be cancelled, as determined by a final decision from the competent court of the Canton of Zug.
The holders of the Spice shares to be cancelled will receive a cash consideration of USD
16.25 for each cancelled share, as offered by GP Swiss Ltd. in the public tender offer to acquire all publicly held shares of Spice, dated 2 June 2022.
SIX Exchange Regulation had conditionally approved the delisting of the Spice shares from SIX Swiss Exchange on 13 December 2022. Following the decision of the competent court of the Canton of Zug, SIX Exchange Regulation has now definitively approved the delisting of the Spice shares from SIX Swiss Exchange as per 14 April 2023. The last trading day of the Spice shares will be on 13 April 2023.
April 3rd, 2023
Rodrigo Boscolo
Chief Financial and Investor Relations Officer
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GP Investments Ltd. published this content on 04 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2023 01:16:01 UTC.
GP Investments, Ltd. is a Bermuda-based private equity and alternative investment company. The Companyâs operations comprise private equity, real estate and direct investment activities, including the management of limited partnerships. Its segments include private equity and real estate. In the private equity business, it invests to acquire control or joint control with the original owners with the objective of lead the invested company. In real estate business, it invests primarily at the asset level, directly in projects in the residential, office and retail segments. Its investment portfolio includes Spice Private Equity Ltd., Grupo SBF, BR Properties, and 2TM Group. It invests in approximately 15 sectors, such as industry, health services, mobile resource management, retail, logistics, real estate/shopping malls, Internet and technology, hotel, telecommunication, utilities, education, entertainment/restaurants, consumer goods, human resources (HR) services, and oil and gas.
GP INVESTMENTS, LTD. 
