(Alliance News) - Net Holding announced on Wednesday evening that it had exceeded the 90 percent threshold for the share offer and warrant offer for the purpose of delisting Net Insurance.

A total of 16.8 million shares, representing approximately 92.636 percent of the shares in the share offering, were tendered to the bids,

and a total of 1.7 million warrants, accounting for about 94.232 percent of those under the offer.

Net Insurance closed Wednesday's session in the red by 0.8 percent at EUR9.40 per share.

By Maurizio Carta, Alliance News reporter

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