On 4th March, 2015 the Financial and capital market commission has adopted a decision to permit the shareholder of JSC “Nordeka” Juris Savickis to express JSC “Nordeka” final share buyout offer, by approving the buyout price of each share in the amount of 1.181 EUR.
The Management Board of JSC “Nordeka” has assessed JSC “Nordeka” final share buyout offer expressed by the shareholder of JSC “Nordeka” Juris Savickis and concluded that the offer comply with the laws and regulations.
The Management Board of JSC “Nordeka” is in the opinion that the share buyout offer expressed by the shareholder will positively affect JSC “Nordeka” performance as it will provide cost saving. This share buyout offer will not affect execution of the company’s strategy and future plans. The shareholder has no intention to change the profile of the company and place of activity.
The share buyout offer expressed by the shareholder will not affect the employment policy, employees of the company will maintain their working positions according to concluded labour agreements.
The Management Board of JSC „Nordeka”