Brief: Real Corp Sp. z o.o. buys 31.68 pct of 5th Avenue Holding

Novavis SA

26/01/2015 07:18

Jan. 26 (Reuters) - 5TH Avenue Holding SA  5TH.WA : 
     
    * Said on Saturday that Rubicon Partners SA  RBCP.WA  sold 
its stake in the company to Real Corp Sp. z o.o. on Jan. 23  
    * Real Corp Sp. z o.o.  paid 2.6 million zlotys 
($692,450)for 2.3 mln of shares or 12 pct of 5TH Avenue Holding 
    * The reminder of Rubicon Partners' stake in 5TH AVENUE 
HOLDING SA, 2,551,000 shares, must be paid for until June 30, 
2017 for a price between 2.9 mln zlotys and 3.3 mln zlotys 
subject to the payment date 
    * In total, Real Corp Sp. z o.o. bought 31.68 pct stake or 6 
mln shares of 5th Avenue Holding on Jan. 23   
       
 Source text for Eikon:  ID:nEM2463706  and  ID:nEM2463708  
     
 Further company coverage:  5TH.WA   
    
 
 
 
($1 = 3.7548 zlotys) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)) 
 
Keywords: 5TH AVENUE HLDG/BRIEF