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Latvia’s Talsu Mezrupnieciba logging company to be delisted from Riga bourse
BC, Riga, 21.03.2017.
Print version
Print versionNasdaq Riga stock exchange has decided to suspend trading in Talsu Mezrupnieciba logging company shares on March 22, 2017, the Riga bourse reported.
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On March 21, inclusive, mandatory and final takeover bid announced by Talsu Mezrupnieciba shareholder Gatis Staks expires. The buyout price has been set at EUR 2.1 per share.
Before the buyout offer, Staks held 472,938 shares or 95.408%. The total number of voting shares in the company is 495,699, including 230,000 shares that are on public turnover.
As reported, shareholders of Latvia’s Talsu Mezrupnieciba logging company at an extraordinary meeting on January 13 decided to support delisting of the company’s shares from the Nasdaq Riga stock exchange. The company is quoted on the Secondary List of the Riga bourse.
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