P&G(US:PG) Businesswire·2026-01-14 17:12Core Viewpoint - Procter & Gamble (P&G) has been notified of an unsolicited mini-tender offer from Potemkin Limited to purchase up to 50,000 shares of its common stock at a price of $100.00 per share, which is approximately 31% below the market price of $145.52 as of December 18, 2025 [1]. Group 1 - P&G recommends that shareholders do not tender their shares in response to the unsolicited mini-tender offer due to the below-market price and various conditions attached to the offer [2]. - Shareholders who have already tendered their shares can withdraw them within 14 days after submitting their acceptance form [2]. - The mini-tender offer is set to expire on October 13, 2026, but Potemkin may extend the offering period at its discretion [2]. Group 2 - P&G does not endorse Potemkin's mini-tender offer and clarifies that it is not associated with Potemkin or the offer documentation [3]. - Mini-tender offers typically seek to acquire less than 5% of a company's outstanding shares, which means they do not provide the same level of investor protections as larger tender offers under U.S. securities laws [3]. Group 3 - The SEC has issued tips for investors regarding mini-tender offers, highlighting that some bidders may offer below-market prices to catch investors off guard [4]. - P&G urges shareholders to obtain current market quotations and consult with their brokers or financial advisors before responding to Potemkin's offer [5]. - Brokers and dealers are encouraged to review the SEC's recommendations regarding mini-tender offers [5].