Brief: Decora, 2 Shareholders Announce Tender For Co's Shares At 10 Zloty/Shr

Decora SA

12/09/2018 08:50

Sept 12 (Reuters) - DECORA  DCR.WA : 
    * DECORA ALONG WITH WLODZIMIERZ LESINSKI AND MARZENA
LESINSKA (THE
SHAREHOLDERS) HAVE ANNOUNCED A TENDER OFFER FOR 4.1 MILLION OF
THE COMPANY'S SHARES AT 10 ZLOTYS PER SHARE, THEY SAID IN A
STATEMENT
    * 4.1 MILLION SHARES REPRESENT 35.86% STAKE IN CO'S SHARE
CAPITAL
AND THE SAME NUMBER OF VOTES AT CO SHAREHOLDER MEETINGS
    * THE TENDERERS PLAN TO REACH 66% IN THE COMPANY'S SHARE
CAPITAL
    * OTHER SHAREHOLDERS CAN SUBSCRIBE TO SELL SHARES BETWEEN
OCT. 2
AND OCT. 15
    * DECORA ANNOUNCED ON SEPT. 12 THAT IT HAS SIGNED AN
AGREEMENT
WITH THE SHAREHOLERS AND LOAN AGREEMENT WITH SANTANDER BANK
POLSKA SA  SPL1.WA   urn:newsml:reuters.com:*:nFWN1VY010
    * THE INTERMEDIARY IN THE TENDER IS SANTANDER BM

    
 Source text: https://bit.ly/2x3kS0P
    
 Further company coverage:  DCR.WA   SPL1.WA 
   


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