Brief: Lentex: Shareholder Proposes Buy Back Of Up To 20% Of Co's Own Shares

Lentex SA

26/04/2018 12:20

April 26 (Reuters) - LENTEX SA  LTX.WA :
    * SAYS ITS SHAREHOLDER, KRZYSZTOF MOSKA, SUBMITTED A DRAFT
RESOLUTION AUTHORIZING COMPANY'S MANAGEMENT BOARD TO BUY BACK UP
TO 9,771,671 OWN SHARES REPRESENTING NOT MORE THAT 20 PERCENT OF
COMPANY'S SHARE CAPITAL 
    * MINIMAL PURCHASE PRICE OF SHARES TO BE SET BETWEEN 0.41
ZLOTY
PER SHARE AND 15.00 ZLOTYS PER SHARE 
    * SHARES TO BE BOUGHT BACK IN ORDER TO BE REDEEMED, RESOLD
OR
EXCHANGED 
    * SHAREHOLDERS WILL VOTE ON ABOVE RESOLUTION ON MAY 23

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM5WSZPDa
    
 Further company coverage:  LTX.WA  
   


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