Vilnius, Lithuania, 2013-04-09 11:45 CEST (GLOBE NEWSWIRE) -- From April 10, 2013, a redemption of own shares procedure for Invalda AB ORS (ISIN code LT0000102279) is launched.
The closing date for execution of the procedure is May 24, 2013.
The price per share is LTL 8.076.
The maximum number of shares to buy is 5 180 214, and the minimum number of shares to buy is 1.
Share sale orders shall be accumulated during the entire acquisition period. Settlement for the redeemed shares will be made on the next day after the completion of the transaction (T+1).
Shareholders of INVALDA AB holding the shares the nominal value whereof is less than 1/10 of the authorized capital of the Company, shall have the right to provide share sale orders, except the shareholders whose rights to sell shares to the Company during the split - off are limited according to the split – off terms.
The share redemption will be discontinued, if any the following facts will take place: (i) the nominal value of shares requested to be redeemed exceeds 1/10 of the authorized capital of INVALDA AB; (ii) the shareholders whose rights to sell shares to the Company during the split – off terms are limited according to the split – off terms, will provide share sale order.
Submarket: VSE Tender Offer (Genium INET trading system), order book: IVL1LSR.
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