Brief: Luma Holding Announces Tender For Protektor Shares At 4.2 Zloty/Shr

Protektor SA

06/09/2018 09:54

Sept 6 (Reuters) - PROTEKTOR SA  PRTE.WA :
    * MALTA-BASED LUMA HOLDING LIMITED ANNOUNCES A TENDER OFFER
FOR
6,296,150 SHARES OF PROTEKTOR  PRTE.WA  WHICH REPRESENT 33.1
PERCENT OF THE COMPANY'S SHARE CAPITAL
    * THE MINIMUM NUMBER OF SHARES WHICH LUMA HOLDING WILL
ACQUIRE
UNDER THE TENDER IS 3,296,444 (17.33 PERCENT STAKE IN SHARE
CAPITAL)
    * AFTER THE TENDER, ALONG WITH ITS UNIT, LUMA INVESTMENT,
LUMA
HOLDING PLANS TO REACH 66 PERCENT IN THE COMPANY'S SHARE CAPITAL
    * LUMA INVESTMENT CURRENTLY HOLDS 32.9 PERCENT OF PROTEKTOR
    * INVESTORS CAN SUBSCRIBE TO SELL THEIR SHARES IN PROTEKTOR
TO
LUMA HOLDING STARTING FROM SEPT. 26 UNTIL OCT. 9
    * LUMA HOLDING SEES THE INVESTMENT AS LONG-TERM PORTFOLIO
INVESTMENT AND PLANS TO CONTRIBUTE TO PROTECTOR'S ACTIVITIES AS
NEW STRATEGIC PARTNER
    * LUMA HOLDING'S INTENTION IS ALSO TO SET COMPANY'S DIVIDEND
POLICY FOR AT LEAST THE PERIOD OF 2018-2023 UNDER WHICH 100 PCT
OF STAND-ALONE NET PROFIT WILL BE TRANSFERRED TO RESERVE OR
SUPPLEMENTARY CAPITAL 
    * MBANK  MBK.WA  IS AN INTERMEDIARY IN THE TRANSACTION
    * RADOSLAW MISKIEWICZ IS A DOMINANT ENTITY OF LUMA HOLDING

    
 Source text: https://bit.ly/2M4IRBj
    
 Further company coverage:  PRTE.WA   MBK.WA 
   


 (Gdynia Newsroom)
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))