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Invalda INVL — M&A Activity 2015
Dec 3, 2015
2247_rns_2015-12-03_31730ba4-f363-4c36-90d5-6825e9723bb2.html
M&A Activity
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On the completion of the official tender offer to buy up shares in INVL Baltic Real Estate AB
On the completion of the official tender offer to buy up shares in INVL Baltic Real Estate AB
Vilnius, 2015-12-03 15:33 CET (GLOBE NEWSWIRE) -- Invalda INVL AB announces
that during the tender offer to buy up shares in INVL Baltic Real Estate AB,
11,608 ordinary registered shares were offered for which Invalda INVL AB will
pay EUR 4,063 (not including brokerage fees). The settlement date for the
offered shares is 7 December 2015.
After completion of the tender offer, Invalda INVL AB will own 5,509,016 INVL
Baltic Real Estate AB shares, which comprise 12,74 per cent of INVL Baltic Real
Estate AB’s share capital and votes.
In total Invalda INVL AB offered to pay EUR 0.35 per share to buy up 3,509,076
ordinary registered shares of INVL Baltic Real Estate AB with par value of EUR
0.29 and the ISIN code LT0000127151, which account for 8.12 per cent of all the
issued shares of INVL Baltic Real Estate AB and grant the same amount of voting
rights.
The tender offer was announced seeking to ensure the rights of those
shareholders who voted against or abstained from voting on INVL Baltic Real
Estate AB’s application for a closed-end investment company license at the INVL
Baltic Real Estate shareholders meeting held on 28 October 2015.
The person authorized to provide additional information is:
Darius Sulnis
President
E-mail: [email protected]