FCMC allows AS „Daugavpils Lokomotīvju Remonta Rūpnīca” shareholder to announce mandatory takeover bid of AS „Daugavpils Lokomotīvju Remonta Rūpnīca” shares


Financial and Capital Market Commission on October 17, 2017 decided to allow AS „Daugavpils Lokomotīvju Remonta Rūpnīca” shareholder OÜ Lokomotiiv Investeeringud to announce mandatory takeover bid of AS „Daugavpils Lokomotīvju Remonta Rūpnīca” shares.

OÜ Lokomotiiv Investeeringud a company registered in the Estonian Company register, registration number: 11096115, registered address: Tartu mnt 18-18, Kesklinna linnaosa, Tallinn, Harju maakond, 10115, Estonia.

Offerer on the day when prospectus of the takeover bid was signed owned 1 110 685 (13,39%) shares of the Target company.

The price for one share of the Target Company is EUR 0,44 determined in accordance with the provisions of Article 74 Paragraph one clause 3 of the Law, namely by dividing the net assets of the Target Company by the number of shares issued. The share redemption offer is valid on the next working day after its publication in the newspaper “Latvijas Vēstnesis”. The validity of the offer is 30 days.

Attached: the mandatory takeover bid prospectus
 

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Attachments

prospectus.lokomotive2017-09-29.eng-lv.sor.pdf