Brief: Icotton to announce tender offer for Harper Hygienics shares

Harper Hygienics SA

15/03/2017 15:37

March 15 (Reuters) - Harper Hygienics SA  HRPP.WA : 
    * Says that Ireland-based Central European Cotton Holdings DAC (CECH) sold 
to SIA Icotton (Icotton) 100 percent stake in Radville Investments Sp. z o.o. 
(Radville Investments)  
    * Radville Investments owns 59.95 percent stake in Harper Hygienics 
    * Icotton signed with company deal for delivery of products for 12.0 million 
zlotys ($3 million) 
    * Icotton to grant a 10.5 million zloty loan to the company 
    * Coupon of WIBOR 3M + 1,9 pp. p.a. 
    * Icotton has committed to announce tender offer for company's shares and 
plans to reach 66 percent in general number of votes of the company  
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1589696 
     
 Further company coverage:  HRPP.WA   
    
 
 
 
($1 = 4.0641 zlotys) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))