Brief: Minimum Threshold In Tender Bid For Protektor Shares Not Reached

Protektor SA

18/10/2018 09:06

Oct 18 (Reuters) - PROTEKTOR SA  PRTE.WA 
    * UNTIL OCT. 16 INVESTORS HAVE SUBSCRIBED TO SELL ABOUT 0.7
MILLION OF CO'S SHARES IN TENDER OFFER ANNOUNCED BY LUMA HOLDING
LIMITED
    * THE MINIMUM NUMBER OF SHARES IN TENDER WAS SET AT 3.3 MLN
SHARES
    * HENCE THE OFFEROR WILL NOT BUY THE SHARES
    * LUMA HOLDING ANNOUNCED TENDER OFFER FOR 6.3 MLN OF
PROTEKTOR'S
SHARES AND SUBSEQUENTLY RAISED THE PRICE IN TENDER TO 5 ZLOTY
FROM 4.2 PER SHARE  urn:newsml:reuters.com:*:nL8N1WJ13B 

    
 Source text: https://bit.ly/2J7GPRa
    
 Further company coverage:  PRTE.WA  
   


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