AI assistant
Invalda INVL — M&A Activity 2013
Jul 9, 2013
2247_rns_2013-07-09_0c110a68-eeb5-46b3-81f1-93dadbbce55e.html
M&A Activity
Open in viewerOpens in your device viewer
The Bank of Lithuania registered the tender offer circular to buy up shares in Vilniaus Baldai, AB
The Bank of Lithuania registered the tender offer circular to buy up shares in Vilniaus Baldai, AB
Vilnius, Lithuania, 2013-07-09 15:08 CEST (GLOBE NEWSWIRE) -- On July 9, 2013
Vilniaus Baldai, AB, where Invalda LT, AB holds 39.35 percent of shares,
announced about the notification received from the following shareholders:
Invalda LT, AB (company code 121304349); Invalda Privatus Kapitalas, AB
(company code 303075527); Darius Sulnis, Alvydas Banys, Indre Miseikyte; Irena
Ona Miseikiene; Greta Miseikyte-Myers and Vytautas Bucas, holding together
73.87 percent of shares in Vilniaus Baldai, AB about the decision of the Bank
of Lithuania on the approval of the circular of the non - competitive mandatory
tender offer to buy up remaining voting shares in Vilniaus Baldai, AB.
The tender offer price is EUR 14.869 (LTL 51.34) per ordinary registered share
with par value of LTL 4, ISIN code - LT0000104267. The tender offer
implementation period will last from July 15, 2013 till July 29, 2013.
Shareholders of Vilniaus Baldai, AB - Invalda Privatus Kapitalas, AB and
Invalda LT, AB will acquire the shares offered during the tender offer, though
Invalda LT, AB may acquire 12.72 percent of shares in Vilniaus Baldai, AB for
the total amount of EUR 7,352 m. (LTL 25,385 m.)
The details of the tender offer are stated in the circular and in the summary
circular announced by Vilniaus Baldai, AB.
The person authorized to provide additional information:
Darius Sulnis
President
Tel. +370 5279 0601
E-mail: [email protected]