Brief: Maksymilian i Michal Skotniccy Announce Tender Offer For 33.05% of PEPPES at 1.45 zloty/shr

Przedsiebiorstwo Przemyslu Spozywczego PEPEES SA

08/01/2018 14:30

Jan 8 (Reuters) -  PEPEES SA  PPSP.WA  
    * TENDERERS IN AGREEMENT, MAKSYMILIAN I MICHAL SKOTNICCY, 
CALL 
COMPANY'S SHAREHOLDERS TO SELL 31,396,707 SHARES OF PEPEES SA 
WHAT REPRESENTS 33.05% OF VOTING RIGHTS 
    * MAKSYMILIAN I MICHAL SKOTNICCY TOGETHER WANT TO REACH 66% 
OF 
VOTING RIGHTS IN PEPPES AS NOW THEY HAVE STAKES IN PEPPES THAT 
REPRESENT 21.69% AND 11.26% RESPECTIVELY  
    * PURCHASE PRICE IN TENDER IS SET AT 1.45 ZLOTY PER SHARE  
    * ENTRIES IN TENDER TO BE ACCEPTED FROM JAN. 26 TILL FEB. 8 
    * TENDERERS TREAT ACQUISITION OF COMPANY'S SHARES AS 
LONG-TERM 
STRATEGIC INVESTMENT 
 
     
 Source text: http://bit.ly/2mff8vp 
     
 Further company coverage:  PPSP.WA   
    
 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))