Brief: Soho Development Announces Share Buyback of Up To 30.1 Mln Of Shares At 3.27 zloty/shr

Soho Development SA

12/12/2017 14:40

Dec 12 (Reuters) - SOHO DEVELOPMENT SA  SHD.WA : 
    * ANNOUNCES FIRST ROUND OF SHARE BUY-BACK OFFER  
    * PLANS TO BUY BACK UP TO 30.1 MILLION OF OWN SHARES AT 3.27 ZLOTY PER SHARE 
    * PLANS TO BUY BACK SHARES TO DISTRIBUTE TO SHAREHOLDERS MAXIMUM POSSIBLE 
AMOUNT 
OF TRANSACTION PROCEEDS FROM PROPERTY SALE 
    * CO HAS SOLD PROPERTY AT MINSKA 25, IN WARSAW, TO UNIT OF CAPITAL GROUP OF 
YAREAL 
POLSKA SP. Z O.O. FOR 150 MILLION ZLOTYS 
 
Source text for Eikon:  ID:nEM58VrP6a   urn:newsml:reuters.com:*:nEM3tGglfa 
Further company coverage:  SHD.WA  
 
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