Brief: Value FIZ announces tender offer for Sanwil Holding shares at 0.74 zloty/shr

Sanwil Holding SA

09/05/2017 10:30

May 9 (Reuters) - SANWIL HOLDING SA  SNW.WA  
    * VALUE FIZ SUBFUNDUSZ 1 (VALUE FIZ) ANNOUNCED A TENDER 
OFFER FOR 5,681,029 OF SANWIL HOLDING SHARES REPRESENTING 34.01 
PERCENT STAKE AT THE PRICE OF 0.74 ZLOTY PER SHARE, AN 
INTERMEDIARY IN THE TENDER, Q SECURITIES SA, SAID ON MONDAY  
    * VALUE FIZ PLANS TO REACH 100 PCT STAKE IN SANWIL HOLDING, 
CURRENTLY HOLDS 65.99 PERCENT OF VOTES  
    * VALUE FIZ HAS NO INTENTION OF WITHDRAWING THE COMPANY'S 
SHARES FROM TRADING ON A REGULATED MARKET  
    * AFTER THE TENDER OFFER, VALUE FIZ NEITHER PLANS TO CHANGE 
THE ACTIVITY PROFILE OF SANWIL HOLDING, NOR THE STRATEGY AND 
LONG-TERM GOALS OF THE COMPANY  
    * ENTRIES IN THE TENDER OFFER WILL BE ACCEPTED FROM MAY 30 
TILL JUNE 30  
 
 Source text - http://bit.ly/2qVe8wg 
     
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