Brief: OT Logistics to announce tender offer for 43.39 pct of Luka Rijeka

OT Logistics SA

10/11/2017 12:28

Nov 10 (Reuters) - OT LOGISTICS SA  OTSL.WA : 
    * INFORMED ON THURSDAY ABOUT ITS PLANS TO ANNOUNCE TENDER 
OFFER 
FOR 5.8 MILLION SHARES OF LUKA RIJEKA AT HRK 50 PER SHARE  
    * THE SHARES REPRESENT 43.39 PERCENT STAKE IN THE OPERATOR 
OF THE 
BIGGEST PORT IN CROATIA 
    * TOTAL VALUE OF THE TENDER TO AMOUNT ABOUT HRK 292.4 
MILLION  
($45.16 million) 
    * COMPANY ALREADY HOLDS 32.56 PERCENT STAKE IN LUKA RIJEKA 
    * OT LOGISTICS SIGNED SHAREHOLDER AGREEMENT WITH ALLIANZ ZB 
D.O.O. 
AND ERSTE D.O.O UNDER WHICH TOGETHER THEY HOLD 56.61 PERCENT OF 
LUKA RIJEKA 
 
     
 Source text: http://bit.ly/2hp7bEz 
     
 Further company coverage:  OTSL.WA   
  
($1 = 6.4746 kuna) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))